Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Up 120,536.4% in May

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 129,081 shares, an increase of 120,536.4% from the April 30th total of 107 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 304,405 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nitori to a “hold” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Nitori Stock Performance

Nitori stock opened at $7.92 on Friday. Nitori has a 12-month low of $6.90 and a 12-month high of $11.56. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 16.85 and a beta of 0.64. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.13 and a quick ratio of 0.78. The firm’s fifty day moving average price is $7.69 and its 200 day moving average price is $8.48.

Nitori Company Profile

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.