Medirom Healthcare Technologies Inc. (NASDAQ:MRM – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 18,094 shares, a decrease of 34.4% from the August 15th total of 27,597 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 37,070 shares, the short-interest ratio is presently 0.5 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Medirom Healthcare Technologies in a research report on Tuesday, August 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
Read Our Latest Stock Report on MRM
Medirom Healthcare Technologies Stock Performance
Medirom Healthcare Technologies Company Profile
Medirom Healthcare Technologies Inc is a Japan-based healthcare and wellness company that provides services designed to support preventive care and everyday health management. The company operates wellness and relaxation salons in Japan, offering services such as body care, stretching, reflexology and related treatments through brands including Re.Ra.Ku.
In addition to its salon business, Medirom develops digital healthcare products and services. Its offerings include the MOTHER Bracelet, a wearable device designed to monitor activity and other health-related data without requiring conventional battery charging, as well as related technology intended for use in wellness and healthcare applications.
Founded in 2000, the company is headquartered in Tokyo and primarily serves customers in Japan through directly operated and franchised locations.
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