H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Up 337.8% in January

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 19,700 shares, an increase of 337.8% from the December 31st total of 4,500 shares. Based on an average trading volume of 167,500 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Several equities research analysts recently commented on HNNMY shares. Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. Royal Bank of Canada cut H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Stock Up 1.5 %

HNNMY traded up $0.04 on Thursday, reaching $2.75. The company’s stock had a trading volume of 19,339 shares, compared to its average volume of 97,304. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. The stock has a 50 day moving average of $2.71 and a two-hundred day moving average of $2.97. The company has a market capitalization of $19.47 billion, a price-to-earnings ratio of 22.92 and a beta of 1.43. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69.

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.