H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Sees Significant Increase in Short Interest

Posted by ABMN Staff on Apr 27th, 2024

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 79,800 shares, a growth of 1,405.7% from the March 31st total of 5,300 shares. Based on an average daily volume of 101,200 shares, the days-to-cover ratio is presently 0.8 days.

H & M Hennes & Mauritz AB (publ) Trading Up 0.5 %

OTCMKTS HNNMY opened at $3.25 on Friday. The stock has a market cap of $23.29 billion, a P/E ratio of 29.50 and a beta of 1.48. The company has a current ratio of 1.08, a quick ratio of 0.56 and a debt-to-equity ratio of 1.05. H & M Hennes & Mauritz AB has a 12-month low of $2.43 and a 12-month high of $3.56. The company has a fifty day simple moving average of $2.91 and a two-hundred day simple moving average of $2.99.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $5.73 billion for the quarter, compared to analyst estimates of $6.04 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 20.67% and a net margin of 4.02%. On average, analysts forecast that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current year.

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

The firm also recently declared a dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 7th will be issued a $0.062 dividend. The ex-dividend date of this dividend is Monday, May 6th. 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 72.73%.

About H & M Hennes & Mauritz AB (publ)

(Get Free Report)

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.