Short Interest in Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) Declines By 92.7%

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 4,200 shares, a decline of 92.7% from the August 15th total of 57,600 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is currently 0.3 days.

Meiji Trading Up 2.8 %

OTCMKTS:MEJHY traded up $0.35 on Thursday, hitting $13.00. 892 shares of the company’s stock were exchanged, compared to its average volume of 2,771. The firm has a 50-day moving average price of $12.05 and a 200-day moving average price of $11.46. Meiji has a 52 week low of $10.53 and a 52 week high of $13.66.

Meiji Company Profile

Meiji Holdings Co, Ltd., through its subsidiaries, engages in the manufacture and sale of dairy products, confectioneries, nutritional products, and pharmaceuticals in Japan and internationally. The company operates through two segments, Food and Pharmaceutical. It provides yogurt, cheese, drinking milk, beverages, butter, margarine, cream, ice cream, frozen food, chocolates, gummy, chewing gums, sports nutrition products, protein, infant formula, enteral formula, beauty supplements, OTC drugs, feed stuffs, sugar, and corn sweeteners.