Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Update

by · The Markets Daily

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 105,032 shares, an increase of 184.0% from the August 15th total of 36,979 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 31,898 shares, the days-to-cover ratio is currently 3.3 days.

Nitori Price Performance

Shares of OTCMKTS NCLTY opened at $10.56 on Tuesday. Nitori has a 1 year low of $6.90 and a 1 year high of $11.56. The stock has a market cap of $11.93 billion, a PE ratio of 18.86 and a beta of 0.69. The firm has a fifty day moving average price of $8.83 and a 200-day moving average price of $8.27.

Nitori (OTCMKTS:NCLTY – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.14 EPS for the quarter. The business had revenue of $1.42 billion for the quarter. On average, research analysts expect that Nitori will post 2.42 EPS for the current year.

About Nitori

(Get Free Report)

Nitori Holdings Co, Ltd. is a Japanese retailer specializing in furniture, home furnishings and interior products. Through its Nitori and related store formats, the company sells items such as sofas, beds, dining furniture, storage products, bedding, curtains, kitchenware, household goods and home décor.

The company’s business model includes product planning, procurement, manufacturing coordination, logistics and retail distribution, enabling it to offer a broad range of products under its own brands.

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