Short Interest in Howden Joinery (OTCMKTS:HWDJY) Increases By 73.9%

Howden Joinery (OTCMKTS:HWDJY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 120 shares, an increase of 73.9% from the July 15th total of 69 shares. Based on an average daily volume of 206 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

Howden Joinery Price Performance

HWDJY stock remained flat at $42.11 during midday trading on Tuesday. The company’s stock had a trading volume of 20 shares, compared to its average volume of 290. The company’s fifty day simple moving average is $40.93 and its 200-day simple moving average is $43.03. The company has a quick ratio of 1.27, a current ratio of 2.10 and a debt-to-equity ratio of 0.51. Howden Joinery has a one year low of $38.59 and a one year high of $46.27.

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 research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Howden Joinery has a consensus rating of “Strong Buy”.

About Howden Joinery

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.