Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Short Interest Down 40.0% in February

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decrease of 40.0% from the February 13th total of 500 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Jardine Matheson Trading Down 0.5 %

JMHLY stock traded down $0.20 during midday trading on Monday, reaching $42.85. 9,825 shares of the company were exchanged, compared to its average volume of 13,470. The business has a 50-day moving average price of $40.37 and a two-hundred day moving average price of $40.06. Jardine Matheson has a one year low of $34.15 and a one year high of $46.00. The company has a current ratio of 1.15, a quick ratio of 0.95 and a debt-to-equity ratio of 0.23.

Jardine Matheson Increases Dividend

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

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Jardine Matheson to a “strong-buy” rating in a research note on Friday, February 28th.

About Jardine Matheson

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.