SJM Holdings Ltd. (OTCMKTS:SJMHF) Short Interest Up 56.7% in August

Key Points

• SJM Holdings Ltd. experienced a significant increase in short interest, rising 56.7% in August, with total short interest reaching 13,916,000 shares by August 15th.
• The stock is currently trading at $0.35, with a 52-week range between $0.27 and $0.43, and has a debt-to-equity ratio of 1.74.
• Analysts largely maintain a "Hold" rating on SJM, with recent upgrades from organizations like CLSA while Goldman Sachs continues to support a "neutral" rating.

SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report) saw a large growth in short interest in August. As of August 15th, there was short interest totaling 13,916,000 shares, agrowthof56.7% from the July 31st total of 8,883,000 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 15,462.2 days. Based on an average daily volume of 900 shares, the short-interest ratio is currently 15,462.2 days.

SJM Price Performance

SJMHF stock opened at $0.35 on Friday. The firm has a 50 day moving average price of $0.38 and a 200-day moving average price of $0.32. SJM has a 52-week low of $0.27 and a 52-week high of $0.43. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 1.74.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of SJM in a research note on Wednesday, July 2nd. CLSA raised shares of SJM from an "underperform" rating to a "hold" rating in a research note on Wednesday. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold".

SJM Company Profile

SJM Holdings Limited, an investment holding company, owns, develops, and operates casinos and related facilities in Macau. The company operates through two segments, Gaming Operations; and Hotel, Catering, Retail and Leasing Operations. The Gaming Operations segment engages in rolling, non-rolling, and electronic game gaming operations.

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