Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) Short Interest Up 133.2% in August

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 58,862 shares, a growth of 133.2% from the August 15th total of 25,245 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 48,466 shares, the days-to-cover ratio is currently 1.2 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Bandai Namco to a “hold” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Bandai Namco currently has a consensus rating of “Reduce”.

Bandai Namco Price Performance

Shares of OTCMKTS:NCBDY opened at C$17.93 on Monday. The company’s fifty day moving average is C$15.37 and its two-hundred day moving average is C$13.24. Bandai Namco has a 12-month low of C$10.94 and a 12-month high of C$18.27.

Bandai Namco Company Profile

Bandai Namco Holdings Inc is a Japanese entertainment company that develops and distributes products and experiences based on original and licensed intellectual properties. Its businesses span toys and hobby products, video games, arcade entertainment, amusement facilities, anime, music and other visual entertainment content.

Through its toys and hobby operations, the company offers character merchandise, collectibles, model kits and trading cards. Its digital business develops and publishes console, PC and mobile games, while its amusement operations provide arcade games, machines and entertainment venues.