Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Update

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 129,081 shares, a growth of 120,536.4% from the April 30th total of 107 shares. Based on an average daily trading volume, of 304,405 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Nitori to a “hold” rating in a research note on Tuesday, April 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Nitori Stock Performance

Nitori stock traded up $0.10 during trading on Wednesday, hitting $7.86. The stock had a trading volume of 202,008 shares, compared to its average volume of 132,411. Nitori has a 1 year low of $6.90 and a 1 year high of $11.56. The company has a quick ratio of 0.78, a current ratio of 1.13 and a debt-to-equity ratio of 0.02. The stock’s 50 day moving average is $7.72 and its two-hundred day moving average is $8.48. The stock has a market cap of $8.88 billion, a price-to-earnings ratio of 16.72 and a beta of 0.64.

About Nitori

Nitori Holdings Co, Ltd. engages in the retail of furniture and interior products in Japan. It is involved in the advertising; logistics; and other activities. The company engages in insurance and clothing related businesses. Nitori Holdings Co, Ltd. was founded in 1967 and is headquartered in Tokyo, Japan.