Short Interest in Mandom Co. (OTCMKTS:MDOMF) Increases By 721.4%

Key Points

• The short interest in Mandom Co. increased by 721.4% in September, reaching a total of 11,500 shares by September 30th.
• Despite the increase in short interest, Mandom's stock price remained stable at $12.71, with a 52-week range between $12.57 and $13.10.
• Mandom Corporation specializes in manufacturing cosmetics and grooming products, with notable brands including Gatsby and Lúcido.

Mandom Co. (OTCMKTS:MDOMF - ) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 11,500 shares, an increase of 721.4% from the September 15th total of 1,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Mandom Price Performance

Shares of MDOMF stock remained flat at $12.71 during trading hours on Friday. Mandom has a 52 week low of $12.57 and a 52 week high of $13.10. The firm's 50-day simple moving average is $11.01 and its 200 day simple moving average is $9.69. The firm has a market cap of $613.50 million, a PE ratio of 18.42 and a beta of 2.58.

About Mandom

Mandom Corporation engages in the manufacture and sale of cosmetics, perfumes, and quasi-drugs in Japan, Indonesia, and internationally. The company offers a range of products, including men's everyday grooming products, as well as general fashion items, such as hair styling, skin care, and body care products; and hair coloring, scalp care, and face care products under the Gatsby and Lúcido brands.

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