Medirom Healthcare Technologies Inc. (NASDAQ:MRM – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 18,094 shares, a decline of 34.4% from the August 15th total of 27,597 shares. Based on an average daily volume of 37,070 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.
Medirom Healthcare Technologies Stock Performance
MRM stock traded down $0.03 during mid-day trading on Thursday, reaching $0.75. The company had a trading volume of 36,401 shares, compared to its average volume of 267,196. The stock’s 50-day simple moving average is $0.95 and its two-hundred day simple moving average is $1.08. Medirom Healthcare Technologies has a one year low of $0.73 and a one year high of $4.45.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Medirom Healthcare Technologies in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Medirom Healthcare Technologies has an average rating of “Sell”.
Medirom Healthcare Technologies Company Profile
MEDIROM Healthcare Technologies Inc provides holistic healthcare services in Japan. It operates in two segments, Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment owns and franchises relaxation salons, which provide finger-pressure style bodywork therapy, stretch therapy, and posture and joint alignment, as well as physical therapy elements; and various individual services, including anti-fatigue therapy, athletic support therapy, slim-down therapy, and reflexology.
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