Jardine Matheson Holdings Limited (OTCMKTS:JMHLY – Get Rating) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 13,900 shares, an increase of 256.4% from the April 30th total of 3,900 shares. Based on an average daily trading volume, of 45,400 shares, the short-interest ratio is currently 0.3 days.
Jardine Matheson Stock Performance
Shares of JMHLY stock traded down $0.87 on Thursday, reaching $50.18. 15,398 shares of the stock were exchanged, compared to its average volume of 13,825. The company has a current ratio of 1.22, a quick ratio of 1.00 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average of $49.05 and a two-hundred day moving average of $49.88. Jardine Matheson has a 1-year low of $45.01 and a 1-year high of $59.60.
Jardine Matheson Increases Dividend
The business also recently declared a dividend, which was paid on Wednesday, May 17th. Investors of record on Thursday, March 16th were issued a $1.55 dividend. This is an increase from Jardine Matheson’s previous dividend of $0.50. This represents a yield of 4.28%. The ex-dividend date was Wednesday, March 15th.
About Jardine Matheson
Jardine Matheson Holdings Ltd. is a diversified Asian-based group with unsurpassed experience in the region. It holds interests directly in Jardine Pacific (100%) and Jardine Motors (100%), while its 85%-held Group holding company, Jardine Strategic, holds interests in Hongkong Land (50%), Dairy Farm (78%), Mandarin Oriental (79%) and Jardine Cycle & Carriage (75%) (JC&C).
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