Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) Short Interest Update

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 6,562 shares, a decline of 43.6% from the August 31st total of 11,627 shares. Based on an average daily trading volume, of 41,469 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

JMHLY has been the topic of a number of research analyst reports. Zacks Research upgraded Jardine Matheson to a “hold” rating in a report on Thursday, August 6th. Dbs Bank assumed coverage on shares of Jardine Matheson in a research report on Monday, July 13th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $90.00.

Get Our Latest Stock Report on Jardine Matheson

Jardine Matheson Stock Down 2.1%

JMHLY stock traded down $1.17 during trading on Wednesday, reaching $53.33. 7,877 shares of the stock were exchanged, compared to its average volume of 14,783. The firm’s 50 day moving average is $60.61 and its 200 day moving average is $65.66. The company has a quick ratio of 1.33, a current ratio of 1.53 and a debt-to-equity ratio of 0.22. Jardine Matheson has a twelve month low of $53.00 and a twelve month high of $83.54.

About Jardine Matheson

(Get Free Report)

Jardine Matheson Holdings Limited is a diversified Asian investment company with businesses spanning automotive, retail, property, engineering, hospitality and financial services. The group operates through a portfolio of established companies, including Jardine Motors Group, DFI Retail Group, Hongkong Land, Mandarin Oriental Hotel Group, Jardine Cycle & Carriage and Jardine Pacific.

Its businesses serve consumers and commercial customers across Hong Kong, mainland China, Southeast Asia and other international markets.

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