Nitori Holdings Co., Ltd. (OTCMKTS:NCLTF) Sees Large Decrease in Short Interest

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 297,800 shares, a drop of 15.9% from the November 30th total of 354,200 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 212.7 days.

Nitori Price Performance

NCLTF stock traded up $3.15 during trading on Monday, hitting $116.03. 755 shares of the company’s stock traded hands, compared to its average volume of 689. The business has a fifty day simple moving average of $122.20 and a 200 day simple moving average of $127.26. Nitori has a 52 week low of $97.53 and a 52 week high of $167.09.

Nitori Company Profile

Nitori Holdings Co, Ltd. engages in the retail of furniture and interior products in Japan. It is involved in the advertising and public relations support; logistics; and other activities. The company engages in insurance agency and clothing related, as well as information system and digital base businesses.