Medirom Healthcare Technologies Inc. (NASDAQ:MRM) Short Interest Update

Medirom Healthcare Technologies Inc. (NASDAQ:MRM) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 136,211 shares, a decline of 59.8% from the May 31st total of 338,625 shares. Based on an average trading volume of 68,176 shares, the short-interest ratio is presently 2.0 days. Currently, 0.8% of the shares of the company are sold short.

Medirom Healthcare Technologies Price Performance

Shares of Medirom Healthcare Technologies stock traded up $0.03 during midday trading on Tuesday, hitting $1.03. 11,817 shares of the company were exchanged, compared to its average volume of 374,815. The firm has a 50 day simple moving average of $1.12 and a 200-day simple moving average of $1.39. Medirom Healthcare Technologies has a 52 week low of $0.90 and a 52 week high of $4.45.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Medirom Healthcare Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Medirom Healthcare Technologies has an average rating of “Sell”.

Medirom Healthcare Technologies Company Profile

MEDIROM Healthcare Technologies Inc provides holistic healthcare services in Japan. It operates in two segments, Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment owns and franchises relaxation salons, which provide finger-pressure style bodywork therapy, stretch therapy, and posture and joint alignment, as well as physical therapy elements; and various individual services, including anti-fatigue therapy, athletic support therapy, slim-down therapy, and reflexology.