Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) Sees Large Growth in Short Interest

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 600 shares, an increase of 50.0% from the February 13th total of 400 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is currently 0.1 days.

Meiji Price Performance

OTCMKTS:MEJHY traded down $0.37 during midday trading on Friday, hitting $11.23. The company’s stock had a trading volume of 514 shares, compared to its average volume of 2,234. Meiji has a fifty-two week low of $8.51 and a fifty-two week high of $14.18. The firm’s 50 day moving average is $10.19 and its 200-day moving average is $11.00.

About Meiji

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.