Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Sees Large Increase in Short Interest

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 174 shares, an increase of ∞ from the April 30th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,075 shares, the days-to-cover ratio is currently 0.0 days.

Ryohin Keikaku Price Performance

RYKKY traded up $0.20 on Monday, reaching $11.50. The company had a trading volume of 2,792 shares, compared to its average volume of 5,235. The company has a fifty day moving average of $11.36 and a 200-day moving average of $10.65. The company has a market capitalization of $12.92 billion and a P/E ratio of 57.50. Ryohin Keikaku has a one year low of $8.76 and a one year high of $12.81. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its earnings results on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. As a group, equities research analysts anticipate that Ryohin Keikaku will post 0.38 earnings per share for the current year.

Analyst Ratings Changes

Separately, Sanford C. Bernstein began coverage on shares of Ryohin Keikaku in a research note on Tuesday, May 26th. They set a “market perform” rating for the company. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd., founded in 1980 and headquartered in Tokyo, is a Japanese retailer best known for its MUJI brand. The company’s core business revolves around the design, planning, manufacturing and sale of a broad array of household and consumer products. Emphasizing simplicity, functionality and quality, Ryohin Keikaku has built a reputation for its “no‐brand” or minimalist design philosophy, which seeks to eliminate unnecessary features and branding in favor of honest materials and understated aesthetics.

The company’s product portfolio includes furniture, kitchenware, home furnishings, apparel, stationery, personal care items and a curated selection of packaged foods.