Oracle Co. Japan (OTCMKTS:OCLCF) Sees Large Drop in Short Interest

Oracle Co. Japan (OTCMKTS:OCLCF) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 119,300 shares, a decline of 14.6% from the December 15th total of 139,700 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 596.5 days.

Oracle Co. Japan Stock Performance

Shares of Oracle Co. Japan stock remained flat at $91.24 on Friday. Oracle Co. Japan has a 52 week low of $71.50 and a 52 week high of $98.29. The stock’s 50-day simple moving average is $95.19 and its 200 day simple moving average is $85.99.

Oracle Co. Japan Company Profile

Oracle Corporation Japan engages in the development and sale of software and hardware products and solutions in Japan. It operates through three segments: Cloud and License, Hardware Systems, and Services. The company sells software solutions, such as relational database management software, middleware, and applications; hardware, including servers, storage devices, and network devices for use in building and operating IT environments, such as cloud computing environments; and cloud services through Internet and other networks, as well as provides software license renewal rights and technical support.