Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Up 2,795.8% in August

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 36,979 shares, a growth of 2,795.8% from the July 30th total of 1,277 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 29,357 shares, the days-to-cover ratio is presently 1.3 days.

Nitori Stock Up 1.5%

NCLTY traded up $0.14 during trading hours on Tuesday, hitting $9.70. The stock had a trading volume of 6,700 shares, compared to its average volume of 154,531. The company’s fifty day simple moving average is $8.04 and its 200 day simple moving average is $8.27. Nitori has a 1 year low of $6.90 and a 1 year high of $11.56. The stock has a market cap of $10.96 billion, a PE ratio of 17.32 and a beta of 0.67.

Nitori (OTCMKTS:NCLTY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.14 EPS for the quarter. The business had revenue of $1.42 billion for the quarter. As a group, equities analysts expect that Nitori will post 2.42 EPS for the current year.

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.