Short Interest in Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Drops By 85.6%

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 107 shares, a drop of 85.6% from the April 15th total of 745 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 348,092 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised 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, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Nitori Trading Down 2.3%

Shares of NCLTY stock traded down $0.17 during trading on Tuesday, hitting $7.33. 68,450 shares of the stock traded hands, compared to its average volume of 127,256. Nitori has a 52-week low of $6.90 and a 52-week high of $11.56. The firm has a market capitalization of $8.28 billion, a P/E ratio of 15.60 and a beta of 0.64. The firm’s fifty day moving average price is $8.04 and its 200-day moving average price is $8.52. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.13 and a quick ratio of 0.78.

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.