Shiseido Co. (OTCMKTS:SSDOY) Sees Large Growth in Short Interest

Key Points

• Shiseido Co. experienced a significant increase in short interest of 407.0%, climbing from 4,300 shares on July 31 to 21,800 shares by August 15.
• The company's stock price was down by 1.1%, opening at $16.21, with a market capitalization of $6.48 billion.
• Shiseido reported earnings of $0.10 per share for the last quarter, exceeding expectations, despite a negative net margin of 0.10% on revenue of $1.64 billion.

Shiseido Co. (OTCMKTS:SSDOY - Get Free Report) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 21,800 shares, agrowthof407.0% from the July 31st total of 4,300 shares. Based on an average trading volume of 55,700 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 55,700 shares, the short-interest ratio is presently 0.4 days.

Shiseido Stock Performance

Shiseido stock traded down $0.14 during midday trading on Friday, reaching $16.33. The stock had a trading volume of 15,232 shares, compared to its average volume of 17,996. Shiseido has a 12 month low of $15.32 and a 12 month high of $27.81. The firm's 50-day moving average price is $17.05 and its 200 day moving average price is $17.18. The firm has a market capitalization of $6.53 billion, a PE ratio of -816.14 and a beta of 0.39. The company has a quick ratio of 0.81, a current ratio of 1.24 and a debt-to-equity ratio of 0.35.

Shiseido (OTCMKTS:SSDOY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.05. Shiseido had a negative return on equity of 0.15% and a negative net margin of 0.10%.The business had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.74 billion. As a group, research analysts predict that Shiseido will post 0.29 earnings per share for the current fiscal year.

About Shiseido

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. The company offers fragrances; and skincare and makeup products. It also engages in the restaurant and food, and retail businesses; and operates beauty salons. In addition, the company operates and supports SABFA, a professional hair makeup training school.