Short Interest in SJM Holdings Limited (OTCMKTS:SJMHF) Drops By 24.4%

SJM Holdings Limited (OTCMKTS:SJMHF) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 5,450,000 shares, a drop of 24.4% from the December 15th total of 7,207,000 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is presently 990.9 days.

Analyst Ratings Changes

Separately, Citigroup lowered shares of SJM from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 26th.

SJM Stock Performance

Shares of OTCMKTS:SJMHF remained flat at $0.33 during midday trading on Wednesday. SJM has a 12-month low of $0.27 and a 12-month high of $0.41. The business has a 50-day moving average price of $0.34 and a two-hundred day moving average price of $0.33. The company has a debt-to-equity ratio of 1.85, a current ratio of 0.64 and a quick ratio of 0.61.

SJM Company Profile

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.