H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Down 15.8% in November

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 6,400 shares, a drop of 15.8% from the October 31st total of 7,600 shares. Based on an average daily trading volume, of 116,200 shares, the short-interest ratio is currently 0.1 days.

H & M Hennes & Mauritz AB (publ) Price Performance

Shares of OTCMKTS HNNMY traded up $0.02 during trading on Monday, hitting $2.77. 147,215 shares of the company were exchanged, compared to its average volume of 40,276. The firm’s fifty day moving average price is $3.07 and its 200 day moving average price is $3.17. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55. The company has a market cap of $19.58 billion, a price-to-earnings ratio of 23.04 and a beta of 1.45. H & M Hennes & Mauritz AB has a 1 year low of $2.54 and a 1 year high of $3.69.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its earnings results on Thursday, September 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The company had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. On average, sell-side analysts expect that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio is presently 58.34%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HNNMY shares. Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Barclays raised shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a report on Friday, September 27th. Finally, Redburn Atlantic lowered H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, H & M Hennes & Mauritz AB (publ) has an average rating of “Moderate Buy”.

About H & M Hennes & Mauritz AB (publ)

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.