Howden Joinery Group Plc (OTCMKTS:HWDJF) Short Interest Update

Howden Joinery Group Plc (OTCMKTS:HWDJF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 22,708 shares, an increase of 19.8% from the March 15th total of 18,951 shares. Based on an average daily trading volume, of 3,455 shares, the short-interest ratio is presently 6.6 days.

Howden Joinery Group Price Performance

Howden Joinery Group stock opened at $11.33 on Friday. The firm has a 50-day moving average price of $11.36 and a two-hundred day moving average price of $11.21. Howden Joinery Group has a 52-week low of $9.55 and a 52-week high of $12.40.

Analyst Upgrades and Downgrades

Separately, Barclays reaffirmed an “overweight” rating on shares of Howden Joinery Group in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Howden Joinery Group Company Profile

Howden Joinery Group plc is a United Kingdom–based specialist manufacturer and distributor of kitchens and joinery products, serving primarily professional tradespeople. The company operates a trade-only, depot-based model that offers a range of kitchen cabinets, doors, worktops, hardware, and related components. Its integrated supply chain covers product design, manufacturing in owned facilities, and direct delivery to more than 800 depots across the UK, enabling rapid turnaround and cost control for its core customers.

Founded in the mid-1990s out of MFI’s kitchen division, the business underwent a management buyout in 2000 and was subsequently listed on the London Stock Exchange in 2006.