H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Up 1,405.7% in April

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 79,800 shares, an increase of 1,405.7% from the March 31st total of 5,300 shares. Based on an average daily volume of 101,200 shares, the short-interest ratio is presently 0.8 days.

H & M Hennes & Mauritz AB (publ) Price Performance

OTCMKTS HNNMY opened at $3.23 on Friday. The stock’s 50 day moving average is $2.90 and its 200 day moving average is $2.99. The company has a current ratio of 1.08, a quick ratio of 0.56 and a debt-to-equity ratio of 1.05. H & M Hennes & Mauritz AB has a 12 month low of $2.43 and a 12 month high of $3.56. The stock has a market cap of $23.18 billion, a PE ratio of 29.36 and a beta of 1.48.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its quarterly earnings results on Wednesday, January 31st. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). H & M Hennes & Mauritz AB (publ) had a return on equity of 20.67% and a net margin of 4.02%. The business had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $6.04 billion. Research analysts predict that H & M Hennes & Mauritz AB will post 0.16 EPS for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 7th will be paid a $0.062 dividend. This is an increase from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date of this dividend is Monday, May 6th. H & M Hennes & Mauritz AB (publ)’s payout ratio is presently 72.73%.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.