Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Short Interest Down 91.3% in July

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,277 shares, a decline of 91.3% from the July 15th total of 14,692 shares. Based on an average daily trading volume, of 179,509 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Nitori Trading Up 0.3%

Shares of NCLTY stock opened at $9.64 on Wednesday. The company has a market cap of $10.89 billion, a PE ratio of 17.21 and a beta of 0.67. The company’s fifty day simple moving average is $7.86 and its 200-day simple moving average is $8.22. Nitori has a 52 week low of $6.90 and a 52 week high of $11.56.

Nitori (OTCMKTS:NCLTY) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $1.42 billion for the quarter. Equities research analysts expect that Nitori will post 2.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Nitori to a “hold” rating in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Nitori presently has a consensus rating of “Hold”.

Nitori Company Profile

Nitori Holdings Co, Ltd. engages in the retail of furniture and interior products in Japan. It is involved in the advertising; logistics; and other activities. The company engages in insurance and clothing related businesses. Nitori Holdings Co, Ltd. was founded in 1967 and is headquartered in Tokyo, Japan.