Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Up 10,102.8% in July

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 14,692 shares, an increase of 10,102.8% from the June 30th total of 144 shares. Based on an average trading volume of 1,371,774 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

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

Nitori Trading Up 1.9%

Shares of NCLTY traded up $0.14 on Friday, reaching $7.34. 77,926 shares of the company’s stock traded hands, compared to its average volume of 174,999. The stock has a market cap of $8.30 billion, a PE ratio of 15.62 and a beta of 0.68. The stock’s 50 day simple moving average is $7.71 and its two-hundred day simple moving average is $8.21. Nitori has a 52-week low of $6.90 and a 52-week high of $11.56.

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.