SJM Holdings Limited (OTCMKTS:SJMHF) Sees Large Growth in Short Interest

SJM Holdings Limited (OTCMKTS:SJMHF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 7,857,000 shares, a growth of 37.8% from the October 31st total of 5,702,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SJM Price Performance

OTCMKTS:SJMHF opened at $0.34 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.85. SJM has a 1 year low of $0.27 and a 1 year high of $0.41. The stock has a 50-day simple moving average of $0.35 and a 200-day simple moving average of $0.33.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut shares of SJM from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 26th.

About SJM

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.