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

SJM Holdings Limited (OTCMKTS:SJMHF) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 5,450,000 shares, a decline 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.

Wall Street Analysts Forecast Growth

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

SJM Stock Performance

Shares of SJMHF remained flat at $0.33 during trading hours on Friday. The business’s 50-day simple moving average is $0.34 and its 200-day simple moving average is $0.33. SJM has a 1 year low of $0.27 and a 1 year high of $0.41. 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.