Harvey Norman Holdings Limited (OTCMKTS:HNORY) Short Interest Up 700.0% in April

Harvey Norman Holdings Limited (OTCMKTS:HNORYGet Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 56 shares, a growth of 700.0% from the April 15th total of 7 shares. Based on an average daily trading volume, of 18 shares, the days-to-cover ratio is currently 3.1 days.

Harvey Norman Price Performance

Shares of Harvey Norman stock remained flat at $12.50 during trading on Tuesday. 1 shares of the stock traded hands, compared to its average volume of 633. Harvey Norman has a 1-year low of $12.14 and a 1-year high of $17.64. The stock’s 50-day simple moving average is $12.50 and its 200 day simple moving average is $12.48.

About Harvey Norman

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Harvey Norman Holdings Limited is a global multi‐category retailer specializing in the sale of furniture, bedding, electrical appliances, computing and communications equipment, kitchen products and home entertainment systems. Operating primarily through a franchise model, the company offers a wide range of branded and private‐label goods to both consumer and business customers. In addition to traditional brick‐and‐mortar showrooms, Harvey Norman maintains e-commerce platforms across its key markets, enabling an integrated omnichannel shopping experience.

Founded in 1982 by Gerry Harvey and Ian Norman in Sydney, Australia, Harvey Norman has grown from a single store into one of the country’s largest home and lifestyle retailers.

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