Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Down 99.9% in June

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 144 shares, a drop of 99.9% from the June 15th total of 148,531 shares. Based on an average daily volume of 268,616 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Nitori to a “hold” rating in a report on Tuesday, April 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Nitori presently has an average rating of “Hold”.

Nitori Stock Down 0.7%

Shares of OTCMKTS:NCLTY traded down $0.05 during trading on Friday, reaching $7.35. 114,900 shares of the company’s stock traded hands, compared to its average volume of 128,486. Nitori has a fifty-two week low of $6.90 and a fifty-two week high of $11.56. The company has a 50-day simple moving average of $7.69 and a 200-day simple moving average of $8.30. The firm has a market cap of $8.31 billion, a PE ratio of 15.64 and a beta of 0.68.

Nitori Company Profile

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.