SJM Holdings Limited (OTCMKTS:SJMHF) Sees Significant Increase in Short Interest

SJM Holdings Limited (OTCMKTS:SJMHF) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 7,857,000 shares, a growth of 37.8% from the October 31st total of 5,702,300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

SJM Stock Performance

OTCMKTS:SJMHF remained flat at $0.34 during trading hours on Friday. The firm has a fifty day simple moving average of $0.35 and a 200-day simple moving average 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 has a 1-year low of $0.27 and a 1-year high of $0.41.

Wall Street Analysts Forecast Growth

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

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.