Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Stock Short Interest Report for September

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 9,505 shares, a decrease of 88.8% from the September 15th total of 85,231 shares. Based on an average trading volume of 42,683 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Nitori Price Performance

Nitori stock traded up $0.23 during midday trading on Friday, reaching $10.02. 37,472 shares of the company were exchanged, compared to its average volume of 24,623. The company has a market capitalization of $11.32 billion, a price-to-earnings ratio of 17.88 and a beta of 0.70. The firm’s 50-day simple moving average is $9.67 and its 200-day simple moving average is $8.37. Nitori has a 1 year low of $6.90 and a 1 year high of $11.56. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.95 and a current ratio of 1.34.

Nitori (OTCMKTS:NCLTY) last announced its earnings results on Friday, August 7th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $1.42 billion during the quarter. On average, analysts anticipate that Nitori will post 2.42 EPS for the current year.

Nitori Company Profile

Nitori Holdings Co, Ltd. is a Japanese home-furnishings retailer that operates under the Nitori brand. The company sells furniture, interior décor, bedding, kitchenware, household goods and other products designed for everyday living.

Nitori uses an integrated business model that covers product planning, design, sourcing, manufacturing, logistics and retail distribution. This approach supports a broad product range and allows the company to offer coordinated home furnishings through its stores and online channels.

The business traces its origins to 1967, when founder Akio Nitori established a furniture store in Sapporo, Japan.