J. W. Mays, Inc. (NASDAQ:MAYS) Stock Short Interest Declines 54.8%

J. W. Mays, Inc. (NASDAQ:MAYS) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 2,672 shares, a drop of 54.8% from the September 15th total of 5,905 shares. Based on an average daily volume of 1,092 shares, the short-interest ratio is presently 2.4 days. Currently, 0.2% of the shares of the company are sold short.

J. W. Mays Trading Up 0.8%

MAYS stock traded up $0.30 during midday trading on Thursday, hitting $39.80. 1,949 shares of the company’s stock were exchanged, compared to its average volume of 775. J. W. Mays has a 1-year low of $37.55 and a 1-year high of $61.99. The business has a 50-day simple moving average of $40.78 and a two-hundred day simple moving average of $40.79. The stock has a market capitalization of $80.40 million, a PE ratio of -68.62 and a beta of 0.20. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.14.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of J. W. Mays in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating. According to MarketBeat, J. W. Mays presently has a consensus rating of “Sell”.

About J. W. Mays

J. W. Mays, Inc is a real estate company based in Brooklyn, New York. Its principal business is the ownership, management and leasing of commercial real estate, including retail and other commercial properties.

The company’s properties have historically been concentrated in the New York metropolitan area, particularly Brooklyn and surrounding parts of New York. Revenue is primarily generated through rental income from tenants occupying the company’s commercial properties.

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