Short Interest in Hammerson Plc (OTCMKTS:HMSNF) Grows By 17.6%

Hammerson Plc (OTCMKTS:HMSNF) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 800,400 shares, an increase of 17.6% from the November 15th total of 680,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 4,002.0 days.

Hammerson Price Performance

Shares of Hammerson stock remained flat at $3.37 during trading hours on Monday. 270 shares of the stock traded hands, compared to its average volume of 1,061. The firm has a fifty day moving average price of $3.65 and a two-hundred day moving average price of $1.60. Hammerson has a 52 week low of $3.07 and a 52 week high of $4.25.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Hammerson to a “strong-buy” rating in a research note on Wednesday, September 18th.

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.