Short Interest in Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Declines By 99.9%

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 144 shares, a decline of 99.9% from the June 15th total of 148,531 shares. Based on an average daily trading volume, of 268,616 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

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

Nitori Price Performance

NCLTY stock traded down $0.05 on Friday, reaching $7.35. 114,900 shares of the company traded hands, compared to its average volume of 128,486. The firm has a fifty day simple moving average of $7.69 and a 200-day simple moving average of $8.30. Nitori has a one year low of $6.90 and a one year high of $11.56. The company has a market cap of $8.31 billion, a P/E ratio of 15.64 and a beta of 0.68.

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.