Short Interest in SJM HOLDINGS LT/ADR (OTCMKTS:SJMHY) Drops By 27.3%

SJM HOLDINGS LT/ADR (OTCMKTS:SJMHY) saw a significant decrease in short interest in August. As of August 31st, there was short interest totalling 2,400 shares, a decrease of 27.3% from the August 15th total of 3,300 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 4.0 days.

Separately, CLSA downgraded shares of SJM HOLDINGS LT/ADR from a “buy” rating to an “underperform” rating in a report on Tuesday, July 28th.

OTCMKTS SJMHY opened at $5.46 on Wednesday. SJM HOLDINGS LT/ADR has a twelve month low of $3.02 and a twelve month high of $5.54. The stock has a fifty day simple moving average of $5.04 and a 200 day simple moving average of $4.38.

About SJM HOLDINGS LT/ADR

SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau, Hong Kong, and internationally. It operates through Gaming Operations; and Hotel, Catering and Retail Operations segments. The Gaming Operations segment engages in the VIP gaming, mass market table gaming, slot machine, and other gaming operations, as well as operates satellite casinos.

Recommended Story: Why is momentum important to successful trading?

Receive News & Ratings for SJM HOLDINGS LT/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SJM HOLDINGS LT/ADR and related companies with MarketBeat.com's FREE daily email newsletter.