Howden Joinery Group Plc (OTCMKTS:HWDJF) Short Interest Up 383.4% in June

Howden Joinery Group Plc (OTCMKTS:HWDJFGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,617,852 shares, an increase of 383.4% from the May 31st total of 334,677 shares. Based on an average daily trading volume, of 1,544 shares, the short-interest ratio is currently 1,047.8 days.

Howden Joinery Group Price Performance

Shares of OTCMKTS:HWDJF opened at $11.00 on Monday. The company has a 50 day moving average of $10.48 and a 200-day moving average of $11.03. Howden Joinery Group has a twelve month low of $9.60 and a twelve month high of $12.40.

About Howden Joinery Group

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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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