Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Short Interest Up 289.2% in May

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 25,300 shares, an increase of 289.2% from the May 15th total of 6,500 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 52,700 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on JMHLY. Macquarie downgraded shares of Jardine Matheson from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 29th. UBS Group upgraded Jardine Matheson to a "strong-buy" rating in a report on Friday, February 28th.

Jardine Matheson Trading Up 2.3%

Shares of OTCMKTS JMHLY traded up $0.98 during midday trading on Friday, hitting $44.59. The stock had a trading volume of 9,398 shares, compared to its average volume of 14,884. The company has a fifty day moving average price of $43.87 and a 200 day moving average price of $42.27. Jardine Matheson has a 1-year low of $34.15 and a 1-year high of $48.87. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.95 and a current ratio of 1.15.

About Jardine Matheson

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.