Short Interest in H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Declines By 45.6%

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 3,700 shares, a decrease of 45.6% from the February 13th total of 6,800 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 96,600 shares, the short-interest ratio is presently 0.0 days.

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

HNNMY traded down $0.06 during midday trading on Friday, reaching $2.58. The company’s stock had a trading volume of 104,496 shares, compared to its average volume of 70,712. The stock has a market cap of $18.27 billion, a P/E ratio of 18.43 and a beta of 1.40. The company has a fifty day simple moving average of $2.66 and a 200 day simple moving average of $2.89. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. H & M Hennes & Mauritz AB has a twelve month low of $2.46 and a twelve month high of $3.69.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its earnings results on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. Research analysts expect that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

Analysts Set New Price Targets

HNNMY has been the topic of several research reports. Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Royal Bank of Canada lowered H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, Barclays lowered H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, H & M Hennes & Mauritz AB (publ) has an average rating of “Hold”.

About H & M Hennes & Mauritz AB (publ)

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.