Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) Short Interest Update

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,352 shares, an increase of 232.2% from the July 30th total of 407 shares. Based on an average daily volume of 158 shares, the short-interest ratio is presently 8.6 days.

Meiji Stock Performance

Shares of OTCMKTS MEJHY remained flat at $14.17 during trading hours on Thursday. 2,106 shares of the company traded hands, compared to its average volume of 380. Meiji has a fifty-two week low of $9.12 and a fifty-two week high of $14.35. The business’s 50 day moving average is $11.98 and its 200 day moving average is $11.96.

About Meiji

Meiji (OTCMKTS:MEJHY) is the American depositary receipt that represents shares of Meiji Holdings Co, Ltd., a Tokyo-based diversified food and pharmaceutical company. Through its two main subsidiaries, Meiji Co, Ltd. and Meiji Seika Pharma Co, Ltd., the company engages in the development, production and sale of a wide range of food and health care products.

In its food business, Meiji offers dairy products such as milk, yogurt, cheese and infant formula under the Meiji brand. The company is also known for its confectionery line, which includes chocolate, candy, gum and biscuits, marketed both domestically in Japan and across Asia.