Jerash Holdings (US), Inc. (NASDAQ:JRSH) Short Interest Down 53.0% in December

Jerash Holdings (US), Inc. (NASDAQ:JRSH) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 7,700 shares, a decline of 53.0% from the November 30th total of 16,400 shares. Based on an average trading volume of 14,300 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

Jerash Holdings (US) Stock Performance

Shares of NASDAQ JRSH remained flat at $3.44 during midday trading on Friday. The stock had a trading volume of 1,566 shares, compared to its average volume of 11,707. Jerash Holdings has a one year low of $2.68 and a one year high of $3.58. The stock has a market cap of $42.31 million, a price-to-earnings ratio of -11.86 and a beta of 0.86. The stock has a fifty day simple moving average of $3.26 and a 200-day simple moving average of $3.07.

Jerash Holdings (US) (NASDAQ:JRSH) last released its earnings results on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $40.24 million for the quarter. Jerash Holdings (US) had a negative return on equity of 5.48% and a negative net margin of 2.73%.

Jerash Holdings (US) Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 22nd were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 5.81%. Jerash Holdings (US)’s dividend payout ratio is -68.97%.

About Jerash Holdings (US)

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.