Jerash Holdings (US), Inc. (NASDAQ:JRSH) Short Interest Update

Jerash Holdings (US), Inc. (NASDAQ:JRSH) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 10,400 shares, an increase of 85.7% from the October 31st total of 5,600 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 12,600 shares, the short-interest ratio is currently 0.8 days.

Jerash Holdings (US) Trading Down 0.9 %

Shares of NASDAQ JRSH traded down $0.03 during mid-day trading on Friday, hitting $3.41. The company had a trading volume of 16,282 shares, compared to its average volume of 11,552. The firm has a 50-day simple moving average of $3.09 and a two-hundred day simple moving average of $3.02. The company has a market capitalization of $41.94 million, a PE ratio of -11.76 and a beta of 0.82. Jerash Holdings has a one year low of $2.68 and a one year high of $3.46.

Jerash Holdings (US) (NASDAQ:JRSH) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $40.24 million during the quarter. Jerash Holdings (US) had a negative return on equity of 5.48% and a negative net margin of 2.73%.

Jerash Holdings (US) Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 22nd were issued a dividend of $0.05 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 5.87%. Jerash Holdings (US)’s payout ratio is -68.97%.

About Jerash Holdings (US)

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.