Short Interest in H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Declines By 46.9%

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 6,800 shares, a decline of 46.9% from the January 31st total of 12,800 shares. Based on an average daily trading volume, of 79,900 shares, the days-to-cover ratio is currently 0.1 days.

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

Shares of HNNMY stock opened at $2.61 on Friday. The company’s fifty day simple moving average is $2.65 and its 200-day simple moving average is $2.91. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40. The firm has a market cap of $18.49 billion, a PE ratio of 18.65 and a beta of 1.43. H & M Hennes & Mauritz AB has a 12 month low of $2.46 and a 12 month high of $3.69.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. Equities research analysts expect that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HNNMY. Barclays lowered shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, H & M Hennes & Mauritz AB (publ) presently has a consensus rating of “Hold”.

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.