Short Interest in SJM Holdings Limited (OTCMKTS:SJMHF) Declines By 24.4%

SJM Holdings Limited (OTCMKTS:SJMHF) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 5,450,000 shares, a drop of 24.4% from the December 15th total of 7,207,000 shares. Based on an average trading volume of 5,500 shares, the short-interest ratio is presently 990.9 days.

Analysts Set New Price Targets

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

SJM Stock Performance

Shares of SJM stock remained flat at $0.33 on Friday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.61 and a current ratio of 0.64. SJM has a 52 week low of $0.27 and a 52 week high of $0.41. The company has a 50-day moving average of $0.34 and a 200-day moving average of $0.33.

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.