Short Interest in Oracle Co. Japan (OTCMKTS:OCLCF) Declines By 53.5%

Oracle Co. Japan (OTCMKTS:OCLCF) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 62,290 shares, a decline of 53.5% from the January 15th total of 133,973 shares. Based on an average daily trading volume, of 283 shares, the days-to-cover ratio is currently 220.1 days. Based on an average daily trading volume, of 283 shares, the days-to-cover ratio is currently 220.1 days.

Oracle Co. Japan Price Performance

Shares of OTCMKTS OCLCF opened at $60.62 on Friday. The firm’s 50-day moving average price is $86.57 and its 200-day moving average price is $96.95. Oracle Co. Japan has a 52-week low of $60.62 and a 52-week high of $123.32.

Oracle Co. Japan Company Profile

Oracle Co Japan (OTCMKTS:OCLCF) is the Tokyo-based subsidiary of Oracle Corporation, a global leader in database software, cloud engineered systems, and enterprise applications. The company delivers a comprehensive portfolio of products and services, including database management systems, enterprise resource planning (ERP) solutions, human capital management (HCM) applications, and cloud infrastructure offerings. Oracle Co Japan leverages its parent’s research and development capabilities to provide localized versions of flagship software to meet Japanese language, regulatory, and security requirements.

Since opening its doors in the mid-1980s to support the growing demand for advanced IT solutions in Japan, Oracle Co Japan has expanded its scope beyond software licensing.