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 growth in short interest during the month of January. As of January 15th, there was short interest totalling 19,700 shares, a growth of 337.8% from the December 31st total of 4,500 shares. Based on an average daily volume of 167,500 shares, the days-to-cover ratio is currently 0.1 days.

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

OTCMKTS HNNMY traded up $0.02 during trading on Wednesday, reaching $2.71. The company’s stock had a trading volume of 30,784 shares, compared to its average volume of 97,304. H & M Hennes & Mauritz AB has a 12 month low of $2.46 and a 12 month high of $3.69. The firm has a 50 day moving average price of $2.71 and a 200 day moving average price of $2.97. The firm has a market capitalization of $19.19 billion, a price-to-earnings ratio of 22.59 and a beta of 1.43. The company has a current ratio of 1.11, a quick ratio of 0.55 and a debt-to-equity ratio of 1.07.

Analyst Ratings Changes

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

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.