Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) Sees Significant Growth in Short Interest

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 31,647 shares, a growth of 282.0% from the January 29th total of 8,284 shares. Based on an average trading volume of 176,602 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 176,602 shares, the days-to-cover ratio is currently 0.2 days.

Bandai Namco Price Performance

Shares of OTCMKTS NCBDY traded up C$0.12 during mid-day trading on Thursday, hitting C$13.21. 12,555 shares of the company were exchanged, compared to its average volume of 69,199. The stock has a 50 day simple moving average of C$13.20 and a 200-day simple moving average of C$14.97. Bandai Namco has a 1-year low of C$12.43 and a 1-year high of C$19.67.

Bandai Namco Company Profile

Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.