Citizen Watch Co., Ltd. (OTCMKTS:CHCLY) Sees Large Growth in Short Interest

Citizen Watch Co., Ltd. (OTCMKTS:CHCLY – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 16 shares. Based on an average daily volume of 16 shares, the days-to-cover ratio is currently 1.0 days.

Citizen Watch Stock Performance

CHCLY stock remained flat at $67.79 during trading on Friday. The business has a 50 day simple moving average of $66.94 and a 200 day simple moving average of $56.24. Citizen Watch has a 12-month low of $66.90 and a 12-month high of $74.00.

Citizen Watch Company Profile

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Citizen Watch Co., Ltd. is a Japanese manufacturer of watches and related products. Its watch business includes timepieces across a range of styles and price points, as well as watch movements and components. The company is known for Eco-Drive technology, which powers watches using light. Citizen’s roots date to the Shokosha Watch Research Institute, established in Tokyo in 1918; the company was incorporated as Citizen Watch Co. in 1930. In addition to watches, the broader Citizen group makes products such as machine tools and electronic components.

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