J. W. Mays, Inc. (NASDAQ:MAYS) Sees Large Drop in Short Interest

J. W. Mays, Inc. (NASDAQ:MAYS) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 1,074 shares, a decrease of 28.4% from the February 12th total of 1,499 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,967 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 2,967 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

J. W. Mays Stock Performance

NASDAQ:MAYS remained flat at $46.35 during trading hours on Friday. 156 shares of the company’s stock were exchanged, compared to its average volume of 3,112. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.54. J. W. Mays has a 52 week low of $32.32 and a 52 week high of $61.99. The stock has a fifty day moving average of $42.70 and a 200-day moving average of $40.19.

J. W. Mays (NASDAQ:MAYS) last announced its earnings results on Thursday, March 12th. The financial services provider reported ($0.25) earnings per share (EPS) for the quarter. The company had revenue of $5.21 million during the quarter. J. W. Mays had a negative net margin of 3.90% and a negative return on equity of 1.61%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of J. W. Mays in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, J. W. Mays presently has an average rating of “Sell”.

About J. W. Mays

J.W. Mays, Inc (NASDAQ: MAYS) is a New York–based real estate holding company that traces its roots to the department store chain founded by Joseph Wesley Mays in 1924. After winding down its retail operations in the early 1980s, the company redeployed its capital into property ownership, repositioning itself as a landlord and property manager focused on income‐producing real estate assets.

The company’s core business activities include acquisition, leasing and management of commercial, retail and multi-family residential properties.