Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Down 99.9% in June

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 144 shares, a decline of 99.9% from the June 15th total of 148,531 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 268,616 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nitori to a “hold” rating in a research report on Tuesday, April 14th. One investment 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 Stock Performance

NCLTY traded down $0.05 on Friday, reaching $7.35. The company had a trading volume of 114,900 shares, compared to its average volume of 128,486. The business has a 50 day simple moving average of $7.69 and a 200 day simple moving average of $8.30. The company has a market cap of $8.31 billion, a price-to-earnings ratio of 15.64 and a beta of 0.68. Nitori has a 52-week low of $6.90 and a 52-week 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.