Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) Short Interest Up 125.9% in December

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 4,049 shares, an increase of 125.9% from the November 30th total of 1,792 shares. Based on an average trading volume of 5,486 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 5,486 shares, the days-to-cover ratio is presently 0.7 days.

Meiji Stock Performance

Shares of OTCMKTS:MEJHY opened at $10.44 on Monday. The stock has a 50-day simple moving average of $10.11 and a 200-day simple moving average of $10.67. Meiji has a 1 year low of $8.51 and a 1 year high of $14.81.

Meiji Company Profile

Meiji (OTCMKTS:MEJHY) is the American depositary receipt that represents shares of Meiji Holdings Co, Ltd., a Tokyo-based diversified food and pharmaceutical company. Through its two main subsidiaries, Meiji Co, Ltd. and Meiji Seika Pharma Co, Ltd., the company engages in the development, production and sale of a wide range of food and health care products.

In its food business, Meiji offers dairy products such as milk, yogurt, cheese and infant formula under the Meiji brand. The company is also known for its confectionery line, which includes chocolate, candy, gum and biscuits, marketed both domestically in Japan and across Asia.