What Next for AEON CO LTD ORDINARY SHARES (OTCMKTS:AONNF) Stock After Increase in Shorted Shares?

The stock of AEON CO LTD ORDINARY SHARES (OTCMKTS:AONNF) registered an increase of 5.2% in short interest. AONNF’s total short interest was 2.37M shares in July as published by FINRA. Its up 5.2% from 2.25 million shares, reported previously. With 100 shares average volume, it will take short sellers 23703 days to cover their AONNF’s short positions.

It closed at $20.31 lastly. It is down 0.00% since July 14, 2018 and is . It has underperformed by 4.43% the S&P500.

Aeon Co., Ltd., through its subsidiaries, primarily operates in the retail industry in Japan and internationally. The company has market cap of $14.60 billion. The firm operates through General Merchandise Store, Supermarket and Discount Store, Small-Sized Store, Drugstore and Pharmacy, Financial Services, Shopping Center Development, Services and Specialty Store, International, and Other divisions. It currently has negative earnings. It operates general merchandise stores, supermarkets, and discount stores; convenience stores, small-scale supermarkets, and specialty stores that sell packaged lunches, ready-to-eat meals, family casual apparel, womenÂ’s apparel, footwear, and other products; drugstores and pharmacies; and retail stores.

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