Yoshitsu Co., Ltd (NASDAQ:TKLF) Short Interest Down 90.3% in November

Yoshitsu Co., Ltd (NASDAQ:TKLF) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 85,800 shares, a decline of 90.3% from the October 31st total of 883,400 shares. Approximately 2.2% of the company’s stock are sold short. Based on an average daily trading volume, of 76,800 shares, the short-interest ratio is presently 1.1 days.

Yoshitsu Stock Performance

Shares of NASDAQ TKLF traded up $0.17 during midday trading on Thursday, hitting $3.60. The stock had a trading volume of 59,364 shares, compared to its average volume of 265,845. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $4.71 and its 200-day moving average is $4.43. Yoshitsu has a 52 week low of $2.00 and a 52 week high of $10.00.

Hedge Funds Weigh In On Yoshitsu

A hedge fund recently bought a new stake in Yoshitsu stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of Yoshitsu Co., Ltd (NASDAQ:TKLF) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 761,750 shares of the company’s stock, valued at approximately $445,000. Garden State Investment Advisory Services LLC owned approximately 1.80% of Yoshitsu at the end of the most recent reporting period.

Yoshitsu Company Profile

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.