H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Sees Large Growth in Short Interest

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 19,700 shares, an increase of 337.8% from the December 15th 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.

Analyst Ratings Changes

Several research analysts have commented on the stock. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research report on Friday, September 27th. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, Redburn Atlantic cut H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 31st. One research 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. According to MarketBeat.com, H & M Hennes & Mauritz AB (publ) currently has a consensus rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Trading Up 1.2 %

Shares of OTCMKTS HNNMY traded up $0.03 during midday trading on Tuesday, hitting $2.52. The stock had a trading volume of 199,278 shares, compared to its average volume of 148,708. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69. The firm has a market cap of $17.84 billion, a P/E ratio of 21.00 and a beta of 1.43. The company’s 50-day simple moving average is $2.74 and its 200 day simple moving average is $3.00.

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

The company also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were paid a dividend of $0.0625 per share. This is a positive change from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date was Friday, November 8th. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio (DPR) is presently 58.33%.

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.