POLA Orbis Holdings Inc. (OTCMKTS:PORBF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 530,800 shares, a growth of 159.6% from the August 15th total of 204,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Separately, Zacks Investment Research raised shares of POLA Orbis from a “sell” rating to a “hold” rating in a report on Thursday, September 9th.
Shares of OTCMKTS:PORBF remained flat at $$19.88 during trading on Friday. The stock has a 50-day moving average of $19.88 and a 200 day moving average of $19.88. The firm has a market capitalization of $4.40 billion, a PE ratio of 36.81 and a beta of 0.27. POLA Orbis has a fifty-two week low of $19.88 and a fifty-two week high of $21.09.
POLA Orbis Holdings Inc, through its subsidiaries, develops, manufactures, and sells cosmetics and related products in Japan and internationally. The company operates through Beauty Care and Real Estate segments. The Beauty Care segment offers cosmetics; skincare products; health foods; and fashion products, such as women's underwear, women's apparel, and jewelry under the POLA, ORBIS, Jurlique, H2O PLUS, THREE, Amplitude, ITRIM, FIVEISM Ã THREE, and DECENCIA brand names.
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