Short Interest in Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Drops By 85.6%

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 107 shares, a drop of 85.6% from the April 15th total of 745 shares. Based on an average daily trading volume, of 348,092 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Nitori to a “hold” rating in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Nitori presently has an average rating of “Hold”.

Nitori Stock Performance

Shares of Nitori stock traded down $0.17 during trading on Tuesday, reaching $7.33. The company’s stock had a trading volume of 68,450 shares, compared to its average volume of 127,256. The company has a current ratio of 1.13, a quick ratio of 0.78 and a debt-to-equity ratio of 0.02. Nitori has a fifty-two week low of $6.90 and a fifty-two week high of $11.56. The company has a 50-day moving average price of $8.04 and a two-hundred day moving average price of $8.52. The firm has a market cap of $8.28 billion, a PE ratio of 15.60 and a beta of 0.64.

About Nitori

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.