Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Sees Large Growth in Short Interest

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 14,692 shares, an increase of 10,102.8% from the June 30th total of 144 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,371,774 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Nitori to a “hold” rating in a report on Tuesday, April 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Nitori Stock Up 1.9%

OTCMKTS NCLTY opened at $7.34 on Friday. The firm has a market capitalization of $8.30 billion, a PE ratio of 15.62 and a beta of 0.68. The stock’s 50 day moving average is $7.70 and its 200 day moving average is $8.20. Nitori has a twelve month low of $6.90 and a twelve month high of $11.56.

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.