Howden Joinery (OTCMKTS:HWDJY) Short Interest Down 67.5% in August

Howden Joinery (OTCMKTS:HWDJY) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 39 shares, a decline of 67.5% from the July 30th total of 120 shares. Based on an average daily trading volume, of 416 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Howden Joinery Stock Performance

OTCMKTS HWDJY remained flat at $42.11 during mid-day trading on Friday. The company had a trading volume of 17 shares, compared to its average volume of 241. The stock has a 50-day moving average price of $41.36 and a 200 day moving average price of $42.89. Howden Joinery has a 12-month low of $38.59 and a 12-month high of $46.27. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27.

Analyst Ratings Changes

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

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.