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Pola Orbis Holdings Inc. (OTCMKTS:PORBF) Short Interest Down 18.9% in February

kopsource ·  Mar 15, 2023 05:40

Pola Orbis Holdings Inc. (OTCMKTS:PORBF – Get Rating) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 150,900 shares, a decrease of 18.9% from the February 13th total of 186,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered shares of Pola Orbis from a "buy" rating to a "hold" rating in a report on Thursday, February 23rd.

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Pola Orbis Stock Performance

Shares of PORBF remained flat at $13.45 during mid-day trading on Tuesday. Pola Orbis has a 12-month low of $10.30 and a 12-month high of $13.45. The business has a 50 day moving average price of $13.45 and a 200-day moving average price of $11.96. The company has a market cap of $2.98 billion, a P/E ratio of 22.80 and a beta of 0.43.

About Pola Orbis

(Get Rating)

Pola Orbis Holdings Inc, through its subsidiaries, develops, manufactures, and sells cosmetics and related products in Japan and internationally. It operates through Beauty Care and Real Estate segments. The Beauty Care segment offers cosmetics; skincare products; health foods; and fashion products, such as women's underwear, women's apparel, and jewelry under the POLA, ORBIS, Jurlique, H2O PLUS, THREE, DECENCIA, Amplitude, ITRIM, FIVEISM × THREE, and FUJIMI brand names.

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