Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Down 91.3% in July

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,277 shares, a decline of 91.3% from the July 15th total of 14,692 shares. Based on an average daily volume of 179,509 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nitori to a “hold” rating in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Nitori Trading Up 0.3%

Shares of Nitori stock traded up $0.03 during trading on Tuesday, hitting $9.64. The stock had a trading volume of 10,701 shares, compared to its average volume of 163,427. The firm has a market cap of $10.89 billion, a price-to-earnings ratio of 18.54 and a beta of 0.67. Nitori has a 12 month low of $6.90 and a 12 month high of $11.56. The business’s 50-day moving average is $7.83 and its 200 day moving average is $8.21.

Nitori (OTCMKTS:NCLTY) last announced its earnings results on Friday, August 7th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $1.42 billion during the quarter. As a group, equities analysts expect that Nitori will post 2.42 EPS for the current year.

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.