H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Sees Significant Growth in Short Interest

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 79,800 shares, a growth of 1,405.7% from the March 31st total of 5,300 shares. Based on an average daily volume of 101,200 shares, the short-interest ratio is currently 0.8 days.

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

HNNMY traded down $0.09 during trading on Thursday, hitting $3.23. 89,222 shares of the company traded hands, compared to its average volume of 66,051. The stock’s 50-day simple moving average is $2.89 and its two-hundred day simple moving average is $2.98. The company has a market cap of $23.18 billion, a PE ratio of 29.37 and a beta of 1.48. The company has a current ratio of 1.08, a quick ratio of 0.56 and a debt-to-equity ratio of 1.05. H & M Hennes & Mauritz AB has a 1 year low of $2.43 and a 1 year high of $3.56.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its earnings results on Wednesday, January 31st. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.04 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 20.67% and a net margin of 4.02%. As a group, sell-side analysts anticipate that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current fiscal year.

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

The company also recently announced a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Tuesday, May 7th will be issued a $0.062 dividend. The ex-dividend date is Monday, May 6th. 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 72.73%.

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.