SJM Holdings Limited (OTCMKTS:SJMHY – Get Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,501 shares, an increase of 454.8% from the May 31st total of 631 shares. Based on an average daily trading volume, of 1,273 shares, the days-to-cover ratio is currently 2.8 days.
SJM Stock Performance
SJMHY remained flat at $0.71 during midday trading on Friday. 10,000 shares of the company’s stock traded hands, compared to its average volume of 2,833. The stock’s 50 day simple moving average is $1.01 and its 200 day simple moving average is $1.16. SJM has a 12-month low of $0.71 and a 12-month high of $1.59.
About SJM
The J.M. Smucker Company (OTCMKTS:SJMHY) is a U.S.-based manufacturer and marketer of branded food and beverage products, along with pet food and snacks. Headquartered in Orrville, Ohio, Smucker operates through two primary segments: Consumer Foods, which includes fruit spreads, peanut butter, coffee and away-from-home beverages; and Pet Food & Other, which encompasses dog and cat foods, treats and supplements.
Within its Consumer Foods segment, Smucker’s portfolio features well-known brands such as Smucker’s fruit spreads, Jif peanut butter, Folgers and Dunkin’ packaged coffee, along with syrups and ice cream toppings.
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