Short Interest in Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Rises By 533.3%

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 533.3% from the February 28th total of 300 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 0.1 days.

Jardine Matheson Price Performance

Shares of OTCMKTS JMHLY traded up $0.67 during midday trading on Friday, hitting $42.56. 10,919 shares of the company traded hands, compared to its average volume of 12,990. Jardine Matheson has a 12-month low of $34.15 and a 12-month high of $46.00. The stock has a 50-day moving average price of $40.81 and a 200 day moving average price of $40.44. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.15 and a quick ratio of 0.95.

Jardine Matheson Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Friday, March 21st will be issued a dividend of $1.65 per share. This is an increase from Jardine Matheson’s previous dividend of $0.55. The ex-dividend date is Friday, March 21st.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Jardine Matheson to a “strong-buy” rating in a research report on Friday, February 28th.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.