SHIMAMURA Co., Ltd. (OTCMKTS:SHAOF) Short Interest Down 32.2% in February

SHIMAMURA Co., Ltd. (OTCMKTS:SHAOF) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 186,218 shares, a decline of 32.2% from the January 29th total of 274,627 shares. Based on an average daily volume of 9 shares, the short-interest ratio is presently 20,690.9 days. Based on an average daily volume of 9 shares, the short-interest ratio is presently 20,690.9 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut SHIMAMURA to a “sell” rating in a report on Sunday, December 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

SHIMAMURA Price Performance

Shares of SHAOF stock opened at C$21.49 on Monday. The firm’s 50-day moving average is C$55.54 and its two-hundred day moving average is C$66.83. SHIMAMURA has a 12 month low of C$64.47 and a 12 month high of C$67.51.

About SHIMAMURA

Shimamura Co, Ltd. is a Japan-based retail company specializing in affordable apparel and household goods. Founded in 1953 and headquartered in Maebashi, Gunma Prefecture, the company has grown into one of the country’s leading discount fashion retailers. Shimamura’s shares are listed on the Tokyo Stock Exchange and its American Depositary Receipts trade over-the-counter under the symbol SHAOF.

The company operates an extensive network of more than 2,000 stores across Japan, offering a wide range of clothing for men, women and children, as well as shoes, accessories and home textiles.