Hammerson plc (OTCMKTS:HMSNF – Get Rating) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 541,100 shares, a decrease of 6.6% from the July 15th total of 579,300 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 338.2 days.

Analysts Set New Price Targets

A number of research firms recently commented on HMSNF. Royal Bank of Canada cut Hammerson from a "sector perform" rating to an "underperform" rating in a research note on Tuesday, July 12th. Barclays dropped their target price on shares of Hammerson from GBX 33 ($0.40) to GBX 22 ($0.27) in a report on Tuesday, July 5th. Finally, Societe Generale upgraded shares of Hammerson from a "sell" rating to a "hold" rating in a report on Friday, June 17th.

Hammerson Stock Performance

Shares of HMSNF opened at $0.33 on Thursday. Hammerson has a one year low of $0.23 and a one year high of $0.54. The company has a 50-day simple moving average of $0.27 and a two-hundred day simple moving average of $0.36.

About Hammerson

At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.

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