J. W. Mays, Inc. (NASDAQ:MAYS) Stock Short Interest Drops 54.8%

J. W. Mays, Inc. (NASDAQ:MAYS) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 2,672 shares, a decrease of 54.8% from the September 15th total of 5,905 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,092 shares, the days-to-cover ratio is presently 2.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of J. W. Mays in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating. According to MarketBeat, J. W. Mays currently has a consensus rating of “Sell”.

J. W. Mays Price Performance

Shares of NASDAQ:MAYS traded down $0.57 during trading on Tuesday, hitting $38.93. 1,949 shares of the company were exchanged, compared to its average volume of 689. J. W. Mays has a 1-year low of $37.55 and a 1-year high of $61.99. The company has a market capitalization of $78.64 million, a P/E ratio of -67.12 and a beta of 0.20. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $40.78 and its 200-day moving average is $40.82.

J. W. Mays Company Profile

J. W. Mays, Inc is a real estate company based in Brooklyn, New York. Its principal business is the ownership, management and leasing of commercial real estate, including retail and other commercial properties.

The company’s properties have historically been concentrated in the New York metropolitan area, particularly Brooklyn and surrounding parts of New York. Revenue is primarily generated through rental income from tenants occupying the company’s commercial properties.

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