Short Interest in H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Increases By 337.8%

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 19,700 shares, an increase of 337.8% from the December 15th total of 4,500 shares. Based on an average daily volume of 167,500 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of research firms have recently commented on HNNMY. Royal Bank of Canada cut H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research note on Friday, September 27th. Finally, Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Trading Down 1.2 %

OTCMKTS HNNMY traded down $0.03 during mid-day trading on Monday, reaching $2.49. 117,881 shares of the stock were exchanged, compared to its average volume of 141,027. The stock has a market cap of $17.63 billion, a P/E ratio of 20.75 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55. H & M Hennes & Mauritz AB has a one year low of $2.46 and a one year high of $3.69. The stock has a 50 day simple moving average of $2.76 and a 200-day simple moving average of $3.01.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 8th were given a $0.0625 dividend. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio (DPR) is 58.33%.

H & M Hennes & Mauritz AB (publ) Company Profile

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.