Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY) Sees Significant Increase in Short Interest

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

Meiji Trading Down 3.2 %

MEJHY stock traded down $0.37 on Friday, hitting $11.23. The company had a trading volume of 514 shares, compared to its average volume of 2,234. Meiji has a 12-month low of $8.51 and a 12-month high of $14.18. The stock’s 50-day simple moving average is $10.19 and its 200 day simple moving average is $10.99.

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.