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

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

BANDAI NAMCO Stock Performance

Shares of OTCMKTS NCBDF remained flat at $21.40 during midday trading on Monday. BANDAI NAMCO has a 12 month low of $17.77 and a 12 month high of $23.37. The company’s 50-day simple moving average is $20.77 and its 200-day simple moving average is $19.43.

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.