Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Sees Large Decline in Short Interest

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,277 shares, a drop of 91.3% from the July 15th total of 14,692 shares. Based on an average daily trading volume, of 179,509 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Nitori Price Performance

OTCMKTS NCLTY traded up $0.10 during trading hours on Thursday, hitting $9.31. The company’s stock had a trading volume of 13,741 shares, compared to its average volume of 161,568. Nitori has a 12 month low of $6.90 and a 12 month high of $11.56. The company’s 50 day simple moving average is $7.88 and its two-hundred day simple moving average is $8.22. The company has a market cap of $10.52 billion, a P/E ratio of 16.62 and a beta of 0.67.

Nitori (OTCMKTS:NCLTY) last posted its earnings results on Friday, August 7th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $1.42 billion for the quarter. As a group, research analysts predict that Nitori will post 2.42 earnings per share for the current fiscal year.

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.