Short Interest in SJM Holdings Limited (OTCMKTS:SJMHY) Declines By 81.3%

SJM Holdings Limited (OTCMKTS:SJMHY) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 656 shares, a decrease of 81.3% from the June 15th total of 3,501 shares. Based on an average daily volume of 5,580 shares, the days-to-cover ratio is currently 0.1 days.

SJM Price Performance

SJM stock traded down $0.02 during mid-day trading on Friday, reaching $0.73. 587 shares of the company’s stock were exchanged, compared to its average volume of 4,382. SJM has a twelve month low of $0.69 and a twelve month high of $1.59. The company has a fifty day moving average of $0.89 and a 200-day moving average of $1.10.

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.