Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) Short Interest Up 118.2% in September

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 2,400 shares, an increase of 118.2% from the September 15th total of 1,100 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 0.1 days.

Jardine Matheson Price Performance

OTCMKTS:JMHLY opened at $65.37 on Wednesday. Jardine Matheson has a 1-year low of $35.19 and a 1-year high of $65.65. The firm has a fifty day simple moving average of $60.65 and a 200 day simple moving average of $51.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.24 and a quick ratio of 1.03.

Jardine Matheson Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Monday, August 25th will be issued a dividend of $0.53 per share. This represents a dividend yield of 361.0%. The ex-dividend date is Friday, August 22nd.

Analyst Upgrades and Downgrades

Separately, Macquarie raised shares of Jardine Matheson from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

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.