H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Up 337.8% in January

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 19,700 shares, an increase of 337.8% from the December 31st total of 4,500 shares. Based on an average daily volume of 167,500 shares, the days-to-cover ratio is presently 0.1 days.

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

HNNMY traded down $0.03 during midday trading on Friday, hitting $2.62. 14,439 shares of the company were exchanged, compared to its average volume of 90,720. The company's 50 day simple moving average is $2.70 and its 200 day simple moving average is $2.96. The firm has a market capitalization of $18.55 billion, a price-to-earnings ratio of 21.84 and a beta of 1.43. H & M Hennes & Mauritz AB has a 1-year low of $2.46 and a 1-year high of $3.69. The company has a current ratio of 1.11, a quick ratio of 0.55 and a debt-to-equity ratio of 1.07.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. As a group, sell-side analysts predict that H & M Hennes & Mauritz AB will post 0.13 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HNNMY shares. Royal Bank of Canada cut H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, November 26th. Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

H & M Hennes & Mauritz AB (publ) Company Profile

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.