Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) Short Interest Update

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 111,247 shares, an increase of 11,124,600.0% from the April 30th total of 1 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 301,049 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of Bandai Namco from a “strong-buy” rating to a “sell” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

Bandai Namco Price Performance

Shares of OTCMKTS:NCBDY traded up C$0.28 during trading on Wednesday, hitting C$11.69. 201,128 shares of the stock traded hands, compared to its average volume of 111,314. The company has a fifty day moving average price of C$12.13 and a two-hundred day moving average price of C$13.04. Bandai Namco has a 52-week low of C$10.94 and a 52-week high of C$19.67.

About Bandai Namco

Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.