SJM Holdings Ltd. (OTCMKTS:SJMHF) Short Interest Update

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 significant growth in short interest in August. As of August 15th, there was short interest totaling 13,916,000 shares, a growth of 56.7% from the July 31st total of 8,883,000 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 15,462.2 days. Based on an average trading volume of 900 shares, the short-interest ratio is presently 15,462.2 days.

SJM Stock Performance

Shares of OTCMKTS SJMHF remained flat at $0.36 during trading hours on Friday. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.47 and a quick ratio of 0.45. The firm has a 50 day moving average of $0.38 and a 200-day moving average of $0.33. SJM has a 1-year low of $0.27 and a 1-year high of $0.43.

Wall Street Analyst Weigh In

Several research firms have commented on SJMHF. The Goldman Sachs Group reissued a "neutral" rating on shares of SJM in a research report on Wednesday, July 2nd. CLSA raised shares of SJM from an "underperform" rating to a "hold" rating in a research report on Wednesday, September 3rd. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company 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.