Short Interest in SJM Holdings Limited (OTCMKTS:SJMHF) Expands By 65.7%

SJM Holdings Limited (OTCMKTS:SJMHFGet Rating) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 18,694,900 shares, a growth of 65.7% from the April 15th total of 11,282,700 shares. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is presently 3,168.6 days.

Separately, Zacks Investment Research cut shares of SJM from a “hold” rating to a “sell” rating in a research report on Thursday.

OTCMKTS SJMHF opened at $0.38 on Friday. The firm’s 50-day moving average is $0.45 and its two-hundred day moving average is $0.61. SJM has a 12 month low of $0.38 and a 12 month high of $1.23.

About SJM (Get Rating)

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.

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