Pola Orbis (OTCMKTS:PORBF) Sees Significant Drop in Short Interest

Pola Orbis (OTCMKTS:PORBF) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 786,686 shares, a decline of 24.0% from the March 31st total of 1,035,357 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Currently, 0.4% of the shares of the company are short sold.

Pola Orbis Price Performance

Shares of OTCMKTS PORBF remained flat at $8.70 during trading hours on Friday. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 31.07 and a beta of 0.17. The firm’s 50-day moving average is $8.70 and its 200-day moving average is $8.88. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.00 and a quick ratio of 3.37. Pola Orbis has a 12 month low of $8.70 and a 12 month high of $9.30.

Pola Orbis (OTCMKTS:PORBF) last released its quarterly earnings results on Friday, February 13th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. The business had revenue of $288.95 million during the quarter, compared to the consensus estimate of $291.93 million. Pola Orbis had a return on equity of 8.08% and a net margin of 5.61%.

Pola Orbis Company Profile

Pola Orbis Holdings Inc is a Tokyo‐based cosmetics and personal care company that develops, manufactures and markets a broad range of skincare, makeup, fragrance and health‐food products. Under its flagship brands—Pola, Orbis and Jurlique—the company offers premium anti‐aging and beauty‐enhancing solutions sold through direct sales consultants, company‐operated salons, online channels and select department stores. Its product portfolio spans cleansers, toners, creams, serums, foundation, sun care items and nutritional supplements, catering to diverse consumer needs from daily maintenance to specialized treatments.

The origins of Pola Orbis Holdings date back to 1929 with the founding of Pola Cosmetics, followed by the launch of mail‐order cosmetic specialist Orbis in 1987.