Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY) Stock Short Interest Report for September

by · The Markets Daily

Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 9,505 shares, a drop of 88.8% from the September 15th total of 85,231 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 42,683 shares, the days-to-cover ratio is currently 0.2 days.

Nitori Stock Up 2.3%

Shares of OTCMKTS:NCLTY traded up $0.23 on Friday, reaching $10.02. The company had a trading volume of 37,472 shares, compared to its average volume of 24,623. The firm has a market capitalization of $11.32 billion, a PE ratio of 17.88 and a beta of 0.70. The company has a current ratio of 1.34, a quick ratio of 0.95 and a debt-to-equity ratio of 0.01. Nitori has a 52-week low of $6.90 and a 52-week high of $11.56. The firm’s 50 day simple moving average is $9.67 and its 200-day simple moving average is $8.37.

Nitori (OTCMKTS:NCLTY – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $1.42 billion for the quarter. As a group, analysts expect that Nitori will post 2.42 earnings per share for the current fiscal year.

Nitori Company Profile

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Nitori Holdings Co, Ltd. is a Japanese home-furnishings retailer that operates under the Nitori brand. The company sells furniture, interior décor, bedding, kitchenware, household goods and other products designed for everyday living.

Nitori uses an integrated business model that covers product planning, design, sourcing, manufacturing, logistics and retail distribution. This approach supports a broad product range and allows the company to offer coordinated home furnishings through its stores and online channels.

The business traces its origins to 1967, when founder Akio Nitori established a furniture store in Sapporo, Japan.

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