Takashimaya Company, Limited (OTCMKTS:TKSHF) Short Interest Down 53.4% in August

Takashimaya Company, Limited (OTCMKTS:TKSHF) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,200,600 shares, a decline of 53.4% from the July 31st total of 2,578,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Takashimaya Stock Performance

Shares of OTCMKTS:TKSHF remained flat at $7.20 during trading on Wednesday. Takashimaya has a twelve month low of $14.40 and a twelve month high of $14.40. The company’s fifty day moving average price is $7.20 and its 200 day moving average price is $9.53.

Takashimaya’s stock is scheduled to split on Thursday, August 29th. The 2-1 split was announced on Thursday, August 29th. The newly minted shares will be distributed to shareholders after the market closes on Thursday, August 29th.

Takashimaya Company Profile

Takashimaya Company, Limited engages in the department stores, corporate, and mail order business in Japan. It operates through Department Store, Commercial Property Development, Finance, and Construction and Design segment. The company's Department Store segment engages in retailing operations of clothing, accessories, home furnishings, foods, and other products.