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 during the month of 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 28,500 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

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

Jardine Matheson Stock Performance

Jardine Matheson stock traded down $0.35 on Wednesday, reaching $41.89. The company’s stock had a trading volume of 10,937 shares, compared to its average volume of 13,027. The business’s fifty day moving average price is $40.76 and its 200 day moving average price is $40.43. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.15 and a quick ratio of 0.95. Jardine Matheson has a twelve month low of $34.15 and a twelve month high of $46.00.

Jardine Matheson Increases Dividend

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

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.