Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) Short Interest Down 66.3% in July

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 408 shares, a decline of 66.3% from the June 30th total of 1,210 shares. Based on an average daily volume of 131 shares, the days-to-cover ratio is presently 3.1 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded Meiji to a “hold” rating in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Meiji presently has an average rating of “Hold”.

Meiji Price Performance

Shares of OTCMKTS:MEJHY remained flat at $11.50 during trading on Monday. 10 shares of the stock were exchanged, compared to its average volume of 1,136. The company has a 50 day moving average price of $11.37 and a two-hundred day moving average price of $11.74. Meiji has a 1 year low of $9.12 and a 1 year high of $13.15.

About Meiji

Meiji (OTCMKTS:MEJHY) is the American depositary receipt that represents shares of Meiji Holdings Co, Ltd., a Tokyo-based diversified food and pharmaceutical company. Through its two main subsidiaries, Meiji Co, Ltd. and Meiji Seika Pharma Co, Ltd., the company engages in the development, production and sale of a wide range of food and health care products.

In its food business, Meiji offers dairy products such as milk, yogurt, cheese and infant formula under the Meiji brand. The company is also known for its confectionery line, which includes chocolate, candy, gum and biscuits, marketed both domestically in Japan and across Asia.