Short Interest in Hoshizaki Co. (OTCMKTS:HSHIF) Declines By 19.7%

Hoshizaki Co. (OTCMKTS:HSHIFGet Rating) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 79,900 shares, a drop of 19.7% from the May 15th total of 99,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 799.0 days.

HSHIF remained flat at $$64.00 on Friday. The company’s 50 day moving average is $67.57 and its 200 day moving average is $84.66. Hoshizaki has a 12 month low of $64.00 and a 12 month high of $64.00.

Hoshizaki’s stock is scheduled to split before the market opens on Wednesday, June 29th. The 2-1 split was announced on Wednesday, June 29th. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, June 29th.

Hoshizaki Company Profile (Get Rating)

Hoshizaki Corporation researches, develops, manufactures, and sells commercial kitchen appliances and equipment worldwide. It offers ice machines; refrigerators and freezers; commercial, rack conveyor, and commercial instrument dishwashers; tea, cold drink, cubelet ice, liquid, draft beer and other dispensers; and steam convection ovens, electrolyzed water generators, sushi cases, display cases, electromagnetic cookers, blast chiller and schock freezers, etc.

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