Howden Joinery (OTCMKTS:HWDJY) Short Interest Up 1,625.0% in July

Howden Joinery (OTCMKTS:HWDJY) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 69 shares, an increase of 1,625.0% from the June 30th total of 4 shares. Based on an average daily volume of 572 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Howden Joinery from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Howden Joinery currently has an average rating of “Strong Buy”.

Howden Joinery Trading Up 0.4%

Shares of Howden Joinery stock traded up $0.14 on Friday, reaching $39.67. 509 shares of the company traded hands, compared to its average volume of 172. Howden Joinery has a 52 week low of $38.59 and a 52 week high of $45.74. The company has a 50 day moving average of $41.33 and a 200 day moving average of $43.39. The company has a quick ratio of 1.27, a current ratio of 2.10 and a debt-to-equity ratio of 0.51.

About Howden Joinery

Howden Joinery (OTCMKTS:HWDJY) is a United Kingdom–based specialist in the design, manufacture and distribution of fitted kitchens and joinery products. Established in 1995 through a management buyout from the MFI Group, Howden Joinery has grown to become one of Europe’s leading suppliers of trade-only kitchen solutions. The company operates on a decentralised model that caters exclusively to professional tradespeople, offering a comprehensive range of products under one roof.

The company’s core product portfolio includes kitchen cabinets, doors, worktops, sinks, taps and a variety of accessories, from lighting to storage solutions.