Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Rises By 374.6%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 101,100 shares, an increase of 374.6% from the February 28th total of 21,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,133,100 shares, the days-to-cover ratio is presently 0.1 days.

Recruit Stock Up 0.5 %

Shares of OTCMKTS:RCRUY traded up $0.05 during mid-day trading on Friday, reaching $10.83. 560,742 shares of the stock were exchanged, compared to its average volume of 498,085. The company has a market cap of $86.61 billion, a P/E ratio of 33.02 and a beta of 1.63. The stock’s 50 day simple moving average is $12.75 and its 200-day simple moving average is $13.04. Recruit has a one year low of $7.74 and a one year high of $15.97.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.11 earnings per share for the quarter. Recruit had a return on equity of 19.65% and a net margin of 10.58%. Analysts anticipate that Recruit will post 0.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of Recruit to a “hold” rating in a research report on Tuesday.

About Recruit

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.