Halma (OTCMKTS:HLMAF) Short Interest Update

Key Points

• Short Interest Surge: Halma experienced a significant increase in short interest, rising by 83.3% in August to a total of 91,100 shares, although currently, only 0.0% of its shares are short sold.
• Dividend Announcement: The company declared a special dividend of $0.19 per share, yielding 71.0%, which was paid on August 15th.
• Analyst Ratings Update: The stock has mixed ratings with four analysts giving it a "strong buy", while Zacks recently downgraded it to "hold", leaving it with a consensus rating of "Moderate Buy".

Halma (OTCMKTS:HLMAF - Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 91,100 shares, an increase of 83.3% from the August 15th total of 49,700 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 39,700 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 39,700 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.0% of the company's shares are short sold.

Halma Price Performance

HLMAF traded up $0.32 during midday trading on Friday, hitting $45.31. The stock had a trading volume of 1,971 shares, compared to its average volume of 10,667. The business has a fifty day moving average of $44.00 and a 200 day moving average of $39.71. The company has a quick ratio of 1.78, a current ratio of 2.44 and a debt-to-equity ratio of 0.37. Halma has a 1 year low of $29.83 and a 1 year high of $45.54.

Halma Cuts Dividend

The company also recently disclosed a special dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 11th were issued a $0.19 dividend. The ex-dividend date was Thursday, July 10th. This represents a yield of 71.0%.

Analyst Ratings Changes

Several analysts have recently commented on HLMAF shares. Kepler Capital Markets raised shares of Halma to a "strong-buy" rating in a research report on Thursday, June 19th. Zacks Research downgraded shares of Halma from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Halma in a research report on Monday, September 8th. Jefferies Financial Group reissued an "underperform" rating on shares of Halma in a research report on Thursday, June 12th. Finally, The Goldman Sachs Group raised shares of Halma to a "strong-buy" rating in a research report on Wednesday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.

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