BANDAI NAMCO Holdings Inc. (OTCMKTS:NCBDF) Sees Large Drop in Short Interest

BANDAI NAMCO Holdings Inc. (OTCMKTS:NCBDF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 736,000 shares, a decrease of 27.9% from the August 15th total of 1,020,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 7,360.0 days.

BANDAI NAMCO Stock Performance

NCBDF stock remained flat at $21.40 during midday trading on Friday. The business’s 50 day moving average price is $20.77 and its 200-day moving average price is $19.43. BANDAI NAMCO has a 1-year low of $17.77 and a 1-year high of $23.37.

About BANDAI NAMCO

BANDAI NAMCO Holdings Inc develops entertainment-related products and services worldwide. The company operates through four segments: Digital Business, Toys and Hobby Business, IP Production Business, and Amusement Business. It offers toys, capsule and candy toys, cards, confectionery products, food, apparel, sundries, plastic models, figures, consumer electronics, stationery and visual products, pachinko and pachislot machines, medical and electronic-related equipment, playground equipment, bicycles, furniture, robot toys, prizes, and other products; and contract services for inspecting and testing.