Howden Joinery Group Plc (OTCMKTS:HWDJF) Short Interest Up 52.8% in February

Howden Joinery Group Plc (OTCMKTS:HWDJF) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 378,868 shares, a growth of 52.8% from the January 29th total of 247,999 shares. Based on an average trading volume of 63,131 shares, the short-interest ratio is currently 6.0 days. Based on an average trading volume of 63,131 shares, the short-interest ratio is currently 6.0 days.

Analyst Upgrades and Downgrades

Separately, Barclays reaffirmed an “overweight” rating on shares of Howden Joinery Group in a research note on Monday, February 23rd. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Howden Joinery Group Price Performance

Shares of Howden Joinery Group stock opened at $12.18 on Monday. The business’s 50 day simple moving average is $11.52 and its two-hundred day simple moving average is $11.31. Howden Joinery Group has a one year low of $8.71 and a one year high of $12.40.

Howden Joinery Group Company Profile

Howden Joinery Group plc is a United Kingdom–based specialist manufacturer and distributor of kitchens and joinery products, serving primarily professional tradespeople. The company operates a trade-only, depot-based model that offers a range of kitchen cabinets, doors, worktops, hardware, and related components. Its integrated supply chain covers product design, manufacturing in owned facilities, and direct delivery to more than 800 depots across the UK, enabling rapid turnaround and cost control for its core customers.

Founded in the mid-1990s out of MFI’s kitchen division, the business underwent a management buyout in 2000 and was subsequently listed on the London Stock Exchange in 2006.