SJM Holdings Limited (OTCMKTS:SJMHF – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 6,715,100 shares, a decrease of 66.3% from the September 30th total of 19,924,900 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 2,582.7 days.
Analysts Set New Price Targets
Separately, Citigroup downgraded shares of SJM from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 26th.
SJM Stock Performance
About SJM
SJM Holdings Limited, an investment holding company, owns, develops, and operates casinos and related facilities in Macau. The company operates through two segments, Gaming Operations; and Hotel, Catering, Retail and Leasing Operations. The Gaming Operations segment engages in rolling, non-rolling, and electronic game gaming operations.
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