Hammerson Plc (OTCMKTS:HMSNF – Get Free Report) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 851,200 shares, a drop of 6.6% from the July 31st total of 911,400 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 709.3 days.
Hammerson Price Performance
Shares of HMSNF opened at $0.38 on Wednesday. The business’s 50 day moving average is $0.36 and its 200 day moving average is $0.35. Hammerson has a 12-month low of $0.27 and a 12-month high of $0.40.
Analysts Set New Price Targets
Separately, UBS Group raised Hammerson to a “strong-buy” rating in a research report on Friday, July 26th.
About Hammerson
Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.
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