Short Interest in Hoshizaki Co. (OTCMKTS:HSHZY) Rises By 148.8%

Hoshizaki Co. (OTCMKTS:HSHZY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,928 shares, a growth of 148.8% from the April 15th total of 775 shares. Based on an average trading volume of 768 shares, the days-to-cover ratio is presently 2.5 days.

Hoshizaki Price Performance

HSHZY stock remained flat at $8.08 during midday trading on Friday. The company had a trading volume of 18 shares, compared to its average volume of 580. The stock’s 50 day simple moving average is $8.52 and its 200-day simple moving average is $8.52. Hoshizaki has a 52-week low of $7.60 and a 52-week high of $10.14.

Hoshizaki Company Profile

Hoshizaki Corporation develops and manufactures commercial foodservice equipment, with a primary focus on ice machines, refrigeration units and specialty kitchen appliances. The company’s product range includes modular and self-contained ice makers, undercounter refrigerators, blast chillers, display cases and sushi preparation tables. In addition to ice equipment, Hoshizaki produces water dispensers and frozen beverage machines for a variety of foodservice customers.

Founded in Nagoya, Japan in the late 1940s, Hoshizaki has grown from a domestic refrigeration specialist into a global supplier of foodservice technology.