Breaking Short Interest: What’s Next for BELLUNA COMPANY SPONS ADR (OTCMKTS:BLUNY) After Having Less Shares Shorted?

November 28, 2016 - By Marguerite Chambers   ·   0 Comments

Breaking Short Interest: What's Next for BELLUNA COMPANY SPONS ADR (OTCMKTS:BLUNY) After Having Less Shares Shorted?

The stock of BELLUNA COMPANY SPONS ADR (OTCMKTS:BLUNY) registered a decrease of 87.5% in short interest. BLUNY’s total short interest was 100 shares in November as published by FINRA. Its down 87.5% from 800 shares, reported previously. With 200 shares average volume, it will take short sellers 1 days to cover their BLUNY’s short positions. The stock closed at $6.7 during the last session. It is down 28.11% since April 25, 2016 and is uptrending. It has outperformed by 22.09% the S&P500.

Belluna Co., Ltd. is a general merchant firm that operates in domestic mail order industry. The company has a market cap of $758.34 million.

BLUNY Company Profile

Belluna Co., Ltd., incorporated on November 26, 1947, is a general merchant firm that operates in domestic mail order industry. The Company’s operating divisions are General Mail Order, Specialty Mail Order, Retail Store Sales, Solution, Finance, Property and Other. The General Mail Order segment includes mail order sales of daily life-related merchandise, including clothing, household goods and furniture, and related services. The Specialty Mail Order segment includes mail order sales of specialty single items, including food, cosmetics and supplements, and sales focusing on specific customers. The Retail Store Sales segment includes retail store sales of casual clothing and Japanese clothing-related merchandise.

Another recent and important BELLUNA CO LTD (ADR) (OTCMKTS:BLUNY) news was published by Reuters.com which published an article titled: “KKR-led consortium invests in Chinese pork industry” on June 06, 2014.

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By Marguerite Chambers


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