H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Down 62.4% in October

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 7,600 shares, a decrease of 62.4% from the October 15th total of 20,200 shares. Based on an average daily trading volume, of 40,800 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

A number of brokerages recently commented on HNNMY. Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a research note on Thursday, October 31st. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a research note on Friday, September 27th. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

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

OTCMKTS HNNMY traded down $0.05 during trading on Wednesday, reaching $2.77. The company's stock had a trading volume of 353,625 shares, compared to its average volume of 38,231. The company has a current ratio of 1.11, a quick ratio of 0.55 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $19.61 billion, a price-to-earnings ratio of 23.50 and a beta of 1.45. H & M Hennes & Mauritz AB has a 12 month low of $2.54 and a 12 month high of $3.69. The firm has a 50 day moving average price of $3.18 and a 200 day moving average price of $3.21.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last posted its quarterly earnings data on Thursday, September 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). The business had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. As a group, equities analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 8th will be issued a dividend of $0.0625 per share. The ex-dividend date is Friday, November 8th. This is an increase from H & M Hennes & Mauritz AB (publ)'s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)'s dividend payout ratio is 58.34%.

About H & M Hennes & Mauritz AB (publ)

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.