Yoshiharu Global Co. (NASDAQ:YOSH) Sees Significant Drop in Short Interest

Yoshiharu Global Co. (NASDAQ:YOSH) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 16,500 shares, a decline of 57.0% from the January 15th total of 38,400 shares. Based on an average daily volume of 53,900 shares, the days-to-cover ratio is currently 0.3 days. Approximately 2.3% of the company’s stock are short sold.

Yoshiharu Global Price Performance

NASDAQ YOSH opened at $13.81 on Friday. The firm’s fifty day simple moving average is $4.32 and its two-hundred day simple moving average is $4.62. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 6.18. Yoshiharu Global has a 12-month low of $2.70 and a 12-month high of $16.50.

Yoshiharu Global Company Profile

Yoshiharu Global Co, together with its subsidiaries, engages in the operation of Japanese restaurants in California. It offers bone broth, ramen, sushi rolls, bento boxes, and other Japanese cuisines. The company was founded in 2016 and is based in Buena Park, California.