Hammerson Plc (OTCMKTS:HMSNF) Short Interest Update

Hammerson Plc (OTCMKTS:HMSNF - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 780,000 shares, a decline of 44.6% from the May 15th total of 1,407,300 shares. Currently, 0.2% of the company's shares are sold short. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 975.0 days.

Analysts Set New Price Targets

Several research analysts have recently weighed in on HMSNF shares. The Goldman Sachs Group raised shares of Hammerson to a "neutral" rating in a research report on Tuesday, March 25th. Barclays cut shares of Hammerson from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 29th.

Hammerson Stock Up 0.4%

HMSNF traded up $0.02 on Friday, hitting $4.03. The company had a trading volume of 3,647 shares, compared to its average volume of 2,621. Hammerson has a 1 year low of $2.98 and a 1 year high of $4.25. The company's fifty day moving average price is $3.49 and its 200 day moving average price is $3.34.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.

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