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SJM Holdings Limited (OTCMKTS:SJMHF) Sees Large Decline in Short Interest

SJM logo with Consumer Discretionary background

SJM Holdings Limited (OTCMKTS:SJMHF - Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 6,715,100 shares, a decline 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 short-interest ratio is presently 2,582.7 days.

SJM Price Performance

Shares of OTCMKTS SJMHF remained flat at $0.34 during mid-day trading on Friday. SJM has a 12-month low of $0.27 and a 12-month high of $0.41. The stock's 50-day moving average is $0.34 and its 200 day moving average is $0.34. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.85.

Analysts Set New Price Targets

Separately, Citigroup downgraded SJM from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 26th.

Get Our Latest Stock Analysis on SJMHF

SJM Company Profile

(Get Free Report)

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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