Pola Orbis Holdings Inc. (OTCMKTS:PORBF) Sees Large Decline in Short Interest

Pola Orbis Holdings Inc. (OTCMKTS:PORBF) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 667,800 shares, a decrease of 13.3% from the February 28th total of 769,900 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Pola Orbis Stock Performance

Shares of PORBF remained flat at $9.95 on Thursday. The stock has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $9.93. The firm has a market cap of $2.20 billion, a PE ratio of 35.54 and a beta of 0.35. Pola Orbis has a 12 month low of $9.40 and a 12 month high of $9.95.

About Pola Orbis

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.