H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Update

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 3,700 shares, a decrease of 45.6% from the February 13th total of 6,800 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 96,600 shares, the days-to-cover ratio is currently 0.0 days.

H & M Hennes & Mauritz AB (publ) Stock Performance

HNNMY traded up $0.03 during trading hours on Friday, hitting $2.61. The company’s stock had a trading volume of 89,672 shares, compared to its average volume of 70,243. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $18.48 billion, a PE ratio of 18.64 and a beta of 1.40. The company has a 50-day simple moving average of $2.66 and a 200 day simple moving average of $2.88.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. As a group, sell-side analysts expect that H & M Hennes & Mauritz AB will post 0.15 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HNNMY shares. Hsbc Global Res cut H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Barclays cut H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Royal Bank of Canada cut H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

About H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.