Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) Short Interest Update

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 111,247 shares, a growth of 11,124,600.0% from the April 30th total of 1 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 301,049 shares, the days-to-cover ratio is presently 0.4 days.

Bandai Namco Price Performance

NCBDY stock opened at C$11.58 on Friday. The firm has a 50 day simple moving average of C$12.06 and a two-hundred day simple moving average of C$13.00. Bandai Namco has a one year low of C$10.94 and a one year high of C$19.67.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of Bandai Namco from a “strong-buy” rating to a “sell” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Bandai Namco has a consensus rating of “Reduce”.

Bandai Namco Company Profile

Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.