Pola Orbis Holdings Inc. (OTCMKTS:PORBF) Sees Large Increase in Short Interest

Pola Orbis Holdings Inc. (OTCMKTS:PORBF) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 1,508,100 shares, a growth of 32.9% from the June 15th total of 1,134,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Pola Orbis Stock Performance

Shares of OTCMKTS:PORBF remained flat at $9.50 during trading on Monday. The firm has a fifty day simple moving average of $9.59 and a 200 day simple moving average of $10.54. Pola Orbis has a fifty-two week low of $9.50 and a fifty-two week high of $9.54.

Pola Orbis (OTCMKTS:PORBF) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $275.33 million for the quarter. Pola Orbis had a net margin of 5.92% and a return on equity of 7.66%. Equities analysts predict that Pola Orbis will post 0.27 earnings per share for the current year.

About Pola Orbis

Pola Orbis Holdings Inc, through its subsidiaries, develops, manufactures, and sells cosmetics and related products in Japan and internationally. It 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, DECENCIA, Amplitude, ITRIM, FIVEISM × THREE, and FUJIMI brand names.