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

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMYGet Free Report) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totalling 27,200 shares, a drop of 65.9% from the April 15th total of 79,800 shares. Based on an average daily trading volume, of 115,400 shares, the days-to-cover ratio is presently 0.2 days.

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

OTCMKTS:HNNMY traded down $0.06 during trading hours on Monday, hitting $3.11. 40,800 shares of the stock were exchanged, compared to its average volume of 40,798. The firm’s fifty day moving average price is $3.00 and its 200 day moving average price is $3.02. H & M Hennes & Mauritz AB has a 52-week low of $2.43 and a 52-week high of $3.56. The company has a market cap of $22.33 billion, a P/E ratio of 28.29 and a beta of 1.47. The company has a current ratio of 1.08, a quick ratio of 0.56 and a debt-to-equity ratio of 1.05.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMYGet Free Report) last posted its quarterly earnings results on Wednesday, March 27th. The company reported $0.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $5.19 billion for the quarter, compared to analyst estimates of $5.08 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.02% and a return on equity of 20.67%. As a group, equities research analysts anticipate that H & M Hennes & Mauritz AB will post 0.16 EPS for the current fiscal year.

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

The company also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 7th will be given a dividend of $0.062 per share. This is a boost from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date is Monday, May 6th. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio (DPR) is presently 90.92%.

H & M Hennes & Mauritz AB (publ) Company Profile

(Get Free Report)

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.

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