Short Interest in J. W. Mays, Inc. (NASDAQ:MAYS) Drops By 14.6%

J. W. Mays, Inc. (NASDAQ:MAYS) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 917 shares, a drop of 14.6% from the February 26th total of 1,074 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,976 shares, the short-interest ratio is presently 0.5 days.

J. W. Mays Trading Up 2.3%

J. W. Mays stock traded up $0.93 during trading on Wednesday, hitting $40.71. The company had a trading volume of 643 shares, compared to its average volume of 1,723. The stock has a market cap of $82.22 million, a price-to-earnings ratio of -94.66 and a beta of 0.06. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.08. J. W. Mays has a 1-year low of $32.32 and a 1-year high of $61.99. The company’s 50 day simple moving average is $43.30 and its 200-day simple moving average is $40.49.

J. W. Mays (NASDAQ:MAYS) last released its quarterly earnings results on Thursday, March 12th. The financial services provider reported ($0.25) EPS for the quarter. J. W. Mays had a negative return on equity of 1.62% and a negative net margin of 3.90%.The firm had revenue of $5.21 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of J. W. Mays in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, J. W. Mays currently has an average rating of “Sell”.

J. W. Mays Company Profile

J.W. Mays, Inc (NASDAQ: MAYS) is a New York–based real estate holding company that traces its roots to the department store chain founded by Joseph Wesley Mays in 1924. After winding down its retail operations in the early 1980s, the company redeployed its capital into property ownership, repositioning itself as a landlord and property manager focused on income‐producing real estate assets.

The company’s core business activities include acquisition, leasing and management of commercial, retail and multi-family residential properties.