Jardine Matheson Short Interest Surges 151.7% in July

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) Experiences a Dramatic Surge in Short Positions During July In July, Jardine Matheson Holdings Ltd. saw a remarkable increase in short interest, soaring by 151.7% to reach 14,600 shares as of July 15th. The company's stock opened at $55.28 and has gained approximately 0.6% recently, with its trading range over the past year spanning from $34.20 to $57.00. Notably, Macquarie downgraded the stock from a "strong-buy" to a "hold" rating in late May. As of mid-July, short interest totaled 14,600 shares, up significantly from 5,800 shares at the end of June. Based on an average daily trading volume of 13,800 shares, the current days-to-cover ratio stands at 1.1 days. Financially, Jardine Matheson maintains a current ratio of 1.19, a quick ratio of 0.99, and a debt-to-equity ratio of 0.23. The stock's 50-day moving average is $48.80, with a 200-day moving average of $44.39. Over the past year, its lowest price was $34.20, and the highest was $57.00. The company's operations span multiple sectors, including automotive, property development, retail, healthcare, home furnishings, engineering, construction, and transportation across China, So...