Takashimaya Company, Limited (OTCMKTS:TKSHF) Stock Short Interest Jumps 83.4%

Takashimaya Company, Limited (OTCMKTS:TKSHF) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 2,584,689 shares, an increase of 83.4% from the September 30th total of 1,409,165 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Takashimaya Stock Performance

OTCMKTS TKSHF opened at $7.70 on Monday. The stock’s 50-day moving average is $7.70 and its two-hundred day moving average is $7.70. Takashimaya has a fifty-two week low of $7.70 and a fifty-two week high of $14.40.

About Takashimaya

Takashimaya Co, Ltd. is a Japanese retail company that operates department stores and related commercial facilities. Its merchandise offerings include apparel, cosmetics, household goods, luxury products, food, and other consumer items, supported by dining, event, and customer-service operations.

The company traces its origins to 1831, when it began as a kimono retailer in Kyoto. Over time, Takashimaya expanded into a broad retail and commercial group, with department stores and shopping centers serving customers in Japan and selected Asian markets, including Singapore, Taiwan, China, Vietnam, and Thailand.

In addition to its core department-store business, Takashimaya and its group companies are involved in real estate, finance, construction, and other services that support the operation and development of commercial properties.