Howden Joinery Group Plc (OTCMKTS:HWDJF – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 339,065 shares, a growth of 883.6% from the April 30th total of 34,471 shares. Based on an average daily trading volume, of 13,009 shares, the short-interest ratio is currently 26.1 days.
Wall Street Analyst Weigh In
Separately, Barclays reiterated an “overweight” rating on shares of Howden Joinery Group in a research note on Monday, February 23rd. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howden Joinery Group has an average rating of “Moderate Buy”.
View Our Latest Stock Report on Howden Joinery Group
Howden Joinery Group Stock Performance
Howden Joinery Group Company Profile
Howden Joinery Group plc is a United Kingdom–based specialist manufacturer and distributor of kitchens and joinery products, serving primarily professional tradespeople. The company operates a trade-only, depot-based model that offers a range of kitchen cabinets, doors, worktops, hardware, and related components. Its integrated supply chain covers product design, manufacturing in owned facilities, and direct delivery to more than 800 depots across the UK, enabling rapid turnaround and cost control for its core customers.
Founded in the mid-1990s out of MFI’s kitchen division, the business underwent a management buyout in 2000 and was subsequently listed on the London Stock Exchange in 2006.
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