Hammerson Plc (OTCMKTS:HMSNF) Short Interest Up 5.8% in July

Hammerson Plc (OTCMKTS:HMSNF) saw a significant increase in short interest in July. As of July 31st, there was short interest totalling 911,400 shares, an increase of 5.8% from the July 15th total of 861,600 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 233.7 days.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Hammerson to a “strong-buy” rating in a research note on Friday, July 26th.

Hammerson Price Performance

Shares of OTCMKTS:HMSNF opened at $0.36 on Tuesday. The business’s 50-day moving average is $0.37 and its 200 day moving average is $0.35. Hammerson has a 1 year low of $0.27 and a 1 year high of $0.40.

About Hammerson

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.