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%
About Jardine Matheson
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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