Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Stock Short Interest Report for October

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 56,939 shares, a growth of 499.0% from the September 30th total of 9,505 shares. Based on an average daily volume of 42,895 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.0% of the shares of the stock are sold short.

Nitori Price Performance

NCLTY traded down $0.26 on Wednesday, reaching $10.37. The company had a trading volume of 1,644 shares, compared to its average volume of 125,860. Nitori has a 52-week low of $6.90 and a 52-week high of $11.56. The company has a market cap of $11.72 billion, a price-to-earnings ratio of 18.52 and a beta of 0.70. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.95 and a current ratio of 1.34. The business has a 50 day simple moving average of $9.98 and a 200 day simple moving average of $8.68.

Nitori (OTCMKTS:NCLTY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $1.42 billion for the quarter. As a group, sell-side analysts anticipate that Nitori will post 0.54 EPS for the current year.

Nitori Company Profile

Nitori Holdings Co, Ltd. is a Japanese retailer specializing in furniture, home furnishings and household goods. Through its Nitori brand, the company offers products such as sofas, beds, dining furniture, storage solutions, interior accessories, kitchenware, bedding and other items for the home.

The company operates an integrated retail model that covers product planning, procurement, logistics and store sales. This approach supports its focus on providing coordinated home products at accessible prices.