Short Interest in Pola Orbis Holdings Inc. (OTCMKTS:PORBF) Rises By 16.7%

Pola Orbis Holdings Inc. (OTCMKTS:PORBFGet Rating) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,516,300 shares, an increase of 16.7% from the March 31st total of 1,299,600 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 3,032.6 days.

OTCMKTS:PORBF opened at $11.28 on Thursday. The stock has a market capitalization of $2.50 billion, a P/E ratio of 21.28 and a beta of 0.71. The company has a 50 day moving average price of $14.96 and a 200 day moving average price of $16.88. Pola Orbis has a fifty-two week low of $11.28 and a fifty-two week high of $11.45.

Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Pola Orbis from a “hold” rating to a “sell” rating in a research note on Tuesday, April 19th. The Goldman Sachs Group cut shares of Pola Orbis from a “buy” rating to a “neutral” rating in a research note on Thursday, March 31st.

About Pola Orbis (Get Rating)

Pola Orbis Holdings Inc, through its subsidiaries, develops, manufactures, and sells cosmetics and related products in Japan and internationally. The company operates through Beauty Care and Real Estate segments. The Beauty Care segment offers cosmetics; skincare products; health foods; and fashion products, such as women's underwear, women's apparel, and jewelry under the POLA, ORBIS, Jurlique, H2O PLUS, THREE, DECENCIA, Amplitude, ITRIM, and FIVEISM × THREE brand names.

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