Hammerson plc (OTCMKTS:HMSNF – Get Rating) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 558,900 shares, a growth of 13.2% from the August 15th total of 493,800 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 232.9 days.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HMSNF. Royal Bank of Canada lowered shares of Hammerson from a "sector perform" rating to an "underperform" rating in a report on Tuesday, July 12th. JPMorgan Chase & Co. dropped their price objective on shares of Hammerson from GBX 22 ($0.27) to GBX 17 ($0.21) in a report on Friday. Societe Generale raised Hammerson from a "sell" rating to a "hold" rating in a report on Friday, June 17th. Finally, Barclays decreased their price target on Hammerson from GBX 33 ($0.40) to GBX 22 ($0.27) in a research report on Tuesday, July 5th.

Hammerson Price Performance

Shares of Hammerson stock remained flat at $0.22 during trading on Tuesday. Hammerson has a 52-week low of $0.22 and a 52-week high of $0.54. The stock has a 50 day moving average of $0.26 and a two-hundred day moving average of $0.32.

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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