Lion Co. (OTCMKTS:LIOPF – Get Rating) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,496,300 shares, an increase of 35.9% from the March 31st total of 1,837,000 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 4,160.5 days.
Separately, Zacks Investment Research raised Lion from a “sell” rating to a “hold” rating in a research report on Saturday, March 5th.
Shares of OTCMKTS LIOPF remained flat at $$13.99 during trading hours on Monday. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 18.91 and a beta of -0.09. Lion has a 52-week low of $13.99 and a 52-week high of $17.55. The business has a 50 day simple moving average of $13.99 and a 200-day simple moving average of $14.70.
About Lion (Get Rating)
Lion Corporation manufactures and sells consumer and industrial products in Japan and internationally. It operates through three segments: Consumer Products Business, Industrial Products Business, and Overseas Business. The company offers dental and oral care products, including toothpastes, toothbrushes, dental floss, mouthwashes and breath fresheners, periodontitis ointments, and denture products; body care products, such as shampoos and conditioners, hand soaps, sanitizers, wet wipes, body washes and bath additives, beauty soaps, skin and acne care products, antiperspirants and deodorants, hair-nourishment treatments, men's care and toiletries products, and foot care products.
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