Short Interest in Howden Joinery (OTCMKTS:HWDJY) Grows By 1,625.0%

Howden Joinery (OTCMKTS:HWDJY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 69 shares, a growth of 1,625.0% from the June 30th total of 4 shares. Based on an average trading volume of 572 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Howden Joinery Stock Up 0.4%

Shares of HWDJY traded up $0.14 on Friday, hitting $39.67. 509 shares of the stock traded hands, compared to its average volume of 172. Howden Joinery has a one year low of $38.59 and a one year high of $45.74. The business has a 50 day simple moving average of $41.33 and a 200 day simple moving average of $43.39. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Howden Joinery from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Howden Joinery Company Profile

Howden Joinery (OTCMKTS:HWDJY) is a United Kingdom–based specialist in the design, manufacture and distribution of fitted kitchens and joinery products. Established in 1995 through a management buyout from the MFI Group, Howden Joinery has grown to become one of Europe’s leading suppliers of trade-only kitchen solutions. The company operates on a decentralised model that caters exclusively to professional tradespeople, offering a comprehensive range of products under one roof.

The company’s core product portfolio includes kitchen cabinets, doors, worktops, sinks, taps and a variety of accessories, from lighting to storage solutions.