Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) Sees Large Growth in Short Interest

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 19,900 shares, a growth of 22.1% from the May 31st total of 16,300 shares. Based on an average daily volume of 83,800 shares, the days-to-cover ratio is currently 0.2 days.

Fast Retailing Stock Performance

Shares of OTCMKTS FRCOY traded up $1.06 during mid-day trading on Tuesday, reaching $26.07. 55,220 shares of the company were exchanged, compared to its average volume of 34,072. The company’s 50-day simple moving average is $26.04 and its 200-day simple moving average is $26.96. Fast Retailing has a twelve month low of $20.75 and a twelve month high of $32.08.

About Fast Retailing

Fast Retailing Co, Ltd., through its subsidiaries, operates as an apparel designer and retailer in Japan and internationally. The company operates through UNIQLO Japan, UNIQLO International, GU, and Global Brands segments. It manufactures and retails clothing for men, women, children, and babies, as well as offers shoes and other goods and items.