Short Interest in Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) Expands By 109.5%

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 11,434 shares, a growth of 109.5% from the November 30th total of 5,458 shares. Based on an average daily trading volume, of 14,795 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 14,795 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Macquarie raised Jardine Matheson from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Jardine Matheson Price Performance

OTCMKTS:JMHLY traded down $2.36 during trading hours on Friday, reaching $66.58. 7,780 shares of the company’s stock were exchanged, compared to its average volume of 7,813. The company has a quick ratio of 1.03, a current ratio of 1.24 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average of $64.89 and a 200 day moving average of $59.01. Jardine Matheson has a 1-year low of $35.25 and a 1-year high of $69.99.

About Jardine Matheson

Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.

The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.