Short Interest in J. W. Mays, Inc. (NASDAQ:MAYS) Drops By 23.6%

J. W. Mays, Inc. (NASDAQ:MAYS) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,793 shares, a drop of 23.6% from the December 15th total of 2,347 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 788 shares, the short-interest ratio is presently 2.3 days. Based on an average trading volume of 788 shares, the short-interest ratio is presently 2.3 days. Currently, 0.2% of the shares of the company are short sold.

J. W. Mays Price Performance

NASDAQ:MAYS opened at $39.55 on Tuesday. J. W. Mays has a 52 week low of $32.32 and a 52 week high of $42.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.54. The firm’s 50-day simple moving average is $38.95 and its 200 day simple moving average is $38.86. The firm has a market cap of $79.88 million, a price-to-earnings ratio of -152.10 and a beta of 0.04.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of J. W. Mays in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, J. W. Mays currently has a consensus rating of “Sell”.

J. W. Mays Company Profile

J.W. Mays, Inc (NASDAQ: MAYS) is a New York–based real estate holding company that traces its roots to the department store chain founded by Joseph Wesley Mays in 1924. After winding down its retail operations in the early 1980s, the company redeployed its capital into property ownership, repositioning itself as a landlord and property manager focused on income‐producing real estate assets.

The company’s core business activities include acquisition, leasing and management of commercial, retail and multi-family residential properties.