PARK24 Co., Ltd. (OTCMKTS:PKCOY) Stock Short Interest Declines 46.1%

PARK24 Co., Ltd. (OTCMKTS:PKCOY) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 390 shares, a decrease of 46.1% from the August 31st total of 724 shares. Based on an average daily trading volume, of 86 shares, the days-to-cover ratio is currently 4.5 days.

PARK24 Stock Performance

Shares of OTCMKTS PKCOY remained flat at $12.28 during trading on Thursday. The business has a 50-day moving average of $12.40 and a 200 day moving average of $12.25. PARK24 has a 1 year low of $10.65 and a 1 year high of $13.70.

PARK24 Company Profile

PARK24 Co, Ltd. is a Japan-based mobility and parking-services company best known for operating the Times brand. Its businesses include the development and management of pay-by-the-hour parking facilities, parking-lot operation services, and related parking management solutions for property owners and other organizations.

The company also provides mobility services, including car sharing and vehicle rental through its Times Car and Times Car Rental businesses. These services are supported by digital reservations, vehicle access and payment systems designed to connect parking with broader urban transportation needs.

Founded in Japan in 1971, PARK24 has expanded its operations beyond its domestic market through parking and mobility businesses in geographies that have included the United Kingdom, Australia, New Zealand, Singapore and Taiwan.