H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Up 1,405.7% in April

Posted by Lauren Steadman on Apr 27th, 2024

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 79,800 shares, a growth of 1,405.7% from the March 31st total of 5,300 shares. Based on an average daily trading volume, of 101,200 shares, the short-interest ratio is presently 0.8 days.

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

HNNMY stock opened at $3.25 on Friday. The company has a quick ratio of 0.56, a current ratio of 1.08 and a debt-to-equity ratio of 1.05. The firm has a market cap of $23.29 billion, a PE ratio of 29.50 and a beta of 1.48. The business has a 50 day moving average of $2.91 and a 200-day moving average of $2.99. H & M Hennes & Mauritz AB has a 12-month low of $2.43 and a 12-month high of $3.56.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last announced its quarterly earnings data on Wednesday, January 31st. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.04 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.02% and a return on equity of 20.67%. As a group, sell-side analysts expect that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 7th will be given a $0.062 dividend. This is a positive change from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date of this dividend is Monday, May 6th. H & M Hennes & Mauritz AB (publ)’s payout ratio is currently 72.73%.

About H & M Hennes & Mauritz AB (publ)

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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.