Hoshizaki Co. (OTCMKTS:HSHZY) Sees Significant Drop in Short Interest

Hoshizaki Co. (OTCMKTS:HSHZYGet Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 188 shares, a decrease of 75.4% from the May 31st total of 765 shares. Based on an average daily trading volume, of 2,837 shares, the days-to-cover ratio is currently 0.1 days.

Hoshizaki Stock Performance

Shares of HSHZY stock remained flat at $8.36 on Friday. The company had a trading volume of 68 shares, compared to its average volume of 2,102. The business has a 50 day moving average of $8.20 and a two-hundred day moving average of $8.42. Hoshizaki has a 52-week low of $7.60 and a 52-week high of $10.14.

About Hoshizaki

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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.

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