Short Interest in Bandai Namco Holdings Inc. - Unsponsored ADR (OTCMKTS:NCBDY) Decreases By 93.9%

Key Points

• Short interest in Bandai Namco's unsponsored ADR plunged by 93.9% to 5,221 shares as of April 15 (down from 84,899 on March 31), leaving a short-interest ratio of effectively 0.0 days and ~0.0% of shares sold short.
• The ADR traded at C$11.70 midday with volume of 90,402 (near its average 94,849); its 52-week range is C$11.43–C$19.67 and the 50- and 200-day moving averages are C$12.74 and C$13.65, respectively.
• Bandai Namco is a diversified Japanese entertainment company (formed in 2005) that produces toys, video games, amusement facilities and licensed character products such as Gundam model kits and Dragon Ball figurines.

Bandai Namco Holdings Inc. - Unsponsored ADR (OTCMKTS:NCBDY - Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 5,221 shares, a decline of 93.9% from the March 31st total of 84,899 shares. Based on an average daily volume of 174,870 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Bandai Namco Trading Up 0.1%

NCBDY traded up C$0.01 during midday trading on Friday, hitting C$11.70. The company had a trading volume of 90,402 shares, compared to its average volume of 94,849. Bandai Namco has a 52 week low of C$11.43 and a 52 week high of C$19.67. The stock's 50 day moving average price is C$12.74 and its 200 day moving average price is C$13.65.

About Bandai Namco

Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.

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