Short Interest in Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Increases By 533.3%

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

Jardine Matheson Price Performance

JMHLY stock traded down $0.35 during trading on Thursday, hitting $41.89. 10,937 shares of the company’s stock traded hands, compared to its average volume of 13,027. The business has a fifty day simple moving average of $40.76 and a two-hundred day simple moving average of $40.43. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.95 and a current ratio of 1.15. Jardine Matheson has a 1 year low of $34.15 and a 1 year high of $46.00.

Jardine Matheson Increases Dividend

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

Analyst Ratings Changes

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

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.