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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 13,004 shares, an increase of 154.9% from the February 12th total of 5,101 shares. Based on an average daily volume of 6,517 shares, the short-interest ratio is presently 2.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,517 shares, the short-interest ratio is presently 2.0 days.

Ryohin Keikaku Trading Up 1.9%

OTCMKTS RYKKY opened at $11.52 on Wednesday. The stock has a market capitalization of $12.94 billion and a P/E ratio of 88.62. The business has a 50 day simple moving average of $10.46 and a 200 day simple moving average of $11.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62. Ryohin Keikaku has a one year low of $5.88 and a one year high of $12.81.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.44 billion.

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.