Short Interest in Hammerson Plc (OTCMKTS:HMSNF) Declines By 17.8%

Hammerson Plc (OTCMKTS:HMSNF) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 861,600 shares, a decrease of 17.8% from the June 30th total of 1,047,700 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 319.1 days.

Analysts Set New Price Targets

Separately, UBS Group upgraded Hammerson to a “strong-buy” rating in a research report on Friday.

Hammerson Stock Performance

Shares of HMSNF stock remained flat at $0.38 during mid-day trading on Tuesday. The company’s 50-day moving average is $0.37 and its two-hundred day moving average is $0.35. Hammerson has a twelve month low of $0.27 and a twelve month high of $0.40.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.