SJM Holdings Limited (OTCMKTS:SJMHF) Short Interest Up 37.8% in November

SJM Holdings Limited (OTCMKTS:SJMHF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 7,857,000 shares, an increase of 37.8% from the October 31st total of 5,702,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Upgrades and Downgrades

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

SJM Stock Performance

SJMHF remained flat at $0.34 during trading hours on Friday. SJM has a 52 week low of $0.27 and a 52 week high of $0.41. The business’s 50 day simple moving average is $0.35 and its two-hundred day simple moving average is $0.33. The company has a debt-to-equity ratio of 1.85, a current ratio of 0.64 and a quick ratio of 0.61.

About SJM

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.