Howden Joinery (OTCMKTS:HWDJY) Short Interest Down 67.5% in August

Howden Joinery (OTCMKTS:HWDJY) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 39 shares, a drop of 67.5% from the July 30th total of 120 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 416 shares, the short-interest ratio is currently 0.1 days.

Howden Joinery Price Performance

Shares of OTCMKTS:HWDJY opened at $42.11 on Thursday. The business’s 50-day simple moving average is $41.31 and its 200 day simple moving average is $42.91. The company has a current ratio of 2.10, a quick ratio of 1.27 and a debt-to-equity ratio of 0.51. Howden Joinery has a one year low of $38.59 and a one year high of $46.27.

Analysts Set New Price Targets

Separately, Zacks Research raised Howden Joinery from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock has a consensus rating of “Strong Buy”.

Howden Joinery Company Profile

Howden Joinery (OTCMKTS:HWDJY) is a United Kingdom–based specialist in the design, manufacture and distribution of fitted kitchens and joinery products. Established in 1995 through a management buyout from the MFI Group, Howden Joinery has grown to become one of Europe’s leading suppliers of trade-only kitchen solutions. The company operates on a decentralised model that caters exclusively to professional tradespeople, offering a comprehensive range of products under one roof.

The company’s core product portfolio includes kitchen cabinets, doors, worktops, sinks, taps and a variety of accessories, from lighting to storage solutions.