Hammerson Plc (OTCMKTS:HMSNF) Short Interest Update

Hammerson Plc (OTCMKTS:HMSNF) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 861,600 shares, a drop of 17.8% from the June 30th total of 1,047,700 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is currently 319.1 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Hammerson to a “strong-buy” rating in a report on Friday.

Hammerson Stock Performance

OTCMKTS:HMSNF remained flat at $0.38 during trading hours on Tuesday. The stock’s 50 day moving average is $0.37 and its 200 day moving average is $0.35. Hammerson has a fifty-two week low of $0.27 and a fifty-two week high of $0.40.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.