SHIMAMURA Co., Ltd. (OTCMKTS:SHAOF) Short Interest Update

SHIMAMURA Co., Ltd. (OTCMKTS:SHAOF) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 635,715 shares, a growth of 36.9% from the February 26th total of 464,240 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

SHIMAMURA Stock Performance

Shares of OTCMKTS:SHAOF opened at C$21.49 on Tuesday. SHIMAMURA has a twelve month low of C$64.47 and a twelve month high of C$67.51. The company’s 50 day moving average is C$37.25 and its 200 day moving average is C$59.22.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of SHIMAMURA to a “sell” rating in a research note on Sunday, December 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

SHIMAMURA Company Profile

Shimamura Co, Ltd. is a Japan-based retail company specializing in affordable apparel and household goods. Founded in 1953 and headquartered in Maebashi, Gunma Prefecture, the company has grown into one of the country’s leading discount fashion retailers. Shimamura’s shares are listed on the Tokyo Stock Exchange and its American Depositary Receipts trade over-the-counter under the symbol SHAOF.

The company operates an extensive network of more than 2,000 stores across Japan, offering a wide range of clothing for men, women and children, as well as shoes, accessories and home textiles.