Short Interest in Howden Joinery Group Plc (OTCMKTS:HWDJF) Drops By 42.3%

Howden Joinery Group Plc (OTCMKTS:HWDJF) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 247,999 shares, a drop of 42.3% from the January 15th total of 429,620 shares. Based on an average daily volume of 1,141 shares, the days-to-cover ratio is presently 217.4 days. Based on an average daily volume of 1,141 shares, the days-to-cover ratio is presently 217.4 days.

Howden Joinery Group Stock Performance

Shares of OTCMKTS HWDJF remained flat at $12.18 during trading hours on Friday. The company had a trading volume of 50 shares, compared to its average volume of 23,413. Howden Joinery Group has a twelve month low of $8.71 and a twelve month high of $12.40. The stock has a fifty day moving average price of $11.33 and a two-hundred day moving average price of $11.30.

Howden Joinery Group Company Profile

Howden Joinery Group plc is a United Kingdom–based specialist manufacturer and distributor of kitchens and joinery products, serving primarily professional tradespeople. The company operates a trade-only, depot-based model that offers a range of kitchen cabinets, doors, worktops, hardware, and related components. Its integrated supply chain covers product design, manufacturing in owned facilities, and direct delivery to more than 800 depots across the UK, enabling rapid turnaround and cost control for its core customers.

Founded in the mid-1990s out of MFI’s kitchen division, the business underwent a management buyout in 2000 and was subsequently listed on the London Stock Exchange in 2006.