Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Up 10,102.8% in July

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 14,692 shares, an increase of 10,102.8% from the June 30th total of 144 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,371,774 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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 MarketBeat, the company presently has a consensus rating of “Hold”.

Nitori Stock Up 1.9%

NCLTY stock traded up $0.14 during mid-day trading on Friday, reaching $7.34. 77,926 shares of the company traded hands, compared to its average volume of 174,999. The firm’s 50 day moving average price is $7.71 and its 200 day moving average price is $8.21. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 15.62 and a beta of 0.68. Nitori has a fifty-two week low of $6.90 and a fifty-two week high of $11.56.

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.