Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Short Interest Update

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 533.3% from the February 28th total of 300 shares. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Jardine Matheson to a “strong-buy” rating in a research report on Friday, February 28th.

Jardine Matheson Stock Performance

Shares of OTCMKTS JMHLY traded up $0.67 during midday trading on Friday, hitting $42.56. The stock had a trading volume of 10,919 shares, compared to its average volume of 12,990. The business’s 50 day moving average is $40.81 and its 200-day moving average is $40.44. Jardine Matheson has a 52 week low of $34.15 and a 52 week high of $46.00. The company has a current ratio of 1.15, a quick ratio of 0.95 and a debt-to-equity ratio of 0.23.

Jardine Matheson Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be given a $1.65 dividend. The ex-dividend date of this dividend is Friday, March 21st. This is a boost from Jardine Matheson’s previous dividend of $0.55.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.