BANDAI NAMCO Holdings Inc. (OTCMKTS:NCBDF – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 311,313 shares, a drop of 38.3% from the August 15th total of 504,611 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 155,656.5 days.
BANDAI NAMCO Stock Performance
OTCMKTS:NCBDF remained flat at $27.11 during trading hours on Wednesday. BANDAI NAMCO has a 12 month low of $22.44 and a 12 month high of $37.64. The firm has a fifty day simple moving average of $25.71 and a 200-day simple moving average of $24.66.
BANDAI NAMCO Company Profile
BANDAI NAMCO Holdings Inc is a diversified Japanese entertainment conglomerate headquartered in Tokyo. The company operates through multiple business segments, including Toys & Hobby, Network Entertainment, Real Entertainment and IP Creation. Its offerings span a wide range of consumer products and services, from collectible plastic model kits and action figures to video games, mobile applications and amusement park attractions.
Formed in 2005 through the merger of Bandai Co, Ltd.—founded in 1950—and Namco Ltd., the group combines a lengthy heritage of toy manufacturing with a storied legacy in arcade and console gaming.
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