SJM Holdings Limited (OTCMKTS:SJMHY) Sees Significant Decline in Short Interest

SJM Holdings Limited (OTCMKTS:SJMHY) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 656 shares, a decrease of 81.3% from the June 15th total of 3,501 shares. Based on an average trading volume of 5,580 shares, the days-to-cover ratio is presently 0.1 days.

SJM Stock Performance

Shares of SJMHY remained flat at $0.73 during midday trading on Monday. 587 shares of the stock traded hands, compared to its average volume of 4,382. SJM has a 52 week low of $0.69 and a 52 week high of $1.59. The company’s fifty day simple moving average is $0.89 and its 200 day simple moving average is $1.09.

SJM Company Profile

The J.M. Smucker Company (OTCMKTS:SJMHY) is a U.S.-based manufacturer and marketer of branded food and beverage products, along with pet food and snacks. Headquartered in Orrville, Ohio, Smucker operates through two primary segments: Consumer Foods, which includes fruit spreads, peanut butter, coffee and away-from-home beverages; and Pet Food & Other, which encompasses dog and cat foods, treats and supplements.

Within its Consumer Foods segment, Smucker’s portfolio features well-known brands such as Smucker’s fruit spreads, Jif peanut butter, Folgers and Dunkin’ packaged coffee, along with syrups and ice cream toppings.