H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Update

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 19,700 shares, an increase of 337.8% from the December 31st total of 4,500 shares. Based on an average daily trading volume, of 167,500 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Several research analysts have recently issued reports on HNNMY shares. Royal Bank of Canada cut shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Redburn Atlantic downgraded shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Trading Up 0.7 %

OTCMKTS HNNMY traded up $0.02 during mid-day trading on Tuesday, reaching $2.71. 30,784 shares of the stock were exchanged, compared to its average volume of 105,617. H & M Hennes & Mauritz AB has a 1-year low of $2.46 and a 1-year high of $3.69. The business’s fifty day simple moving average is $2.71 and its 200 day simple moving average is $2.97. The stock has a market capitalization of $19.19 billion, a PE ratio of 22.59 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.