Short Interest in Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Declines By 40.0%

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decline of 40.0% from the February 13th total of 500 shares. Based on an average trading volume of 20,700 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Jardine Matheson Trading Down 0.5 %

Shares of OTCMKTS:JMHLY traded down $0.20 during trading hours on Friday, hitting $42.85. The company’s stock had a trading volume of 9,825 shares, compared to its average volume of 13,470. Jardine Matheson has a 52 week low of $34.15 and a 52 week high of $46.00. The firm’s fifty day moving average price is $40.37 and its 200 day moving average price is $40.04. The company has a current ratio of 1.15, a quick ratio of 0.95 and a debt-to-equity ratio of 0.23.

Jardine Matheson Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be paid a $1.65 dividend. This is a boost from Jardine Matheson’s previous dividend of $0.55. The ex-dividend date is Friday, March 21st.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Jardine Matheson to a “strong-buy” rating in a research note on Friday, February 28th.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.