Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Shares Shorted: Short Interest Up 87.7% in September

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 229,426 shares, an increase of 87.7% from the September 15th total of 122,233 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 520,460 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Recruit Stock Performance

OTCMKTS RCRUY opened at $22.82 on Thursday. The company has a market capitalization of $168.01 billion, a PE ratio of 43.89 and a beta of 1.80. The business’s fifty day moving average is $21.15 and its 200 day moving average is $15.48. Recruit has a fifty-two week low of $7.57 and a fifty-two week high of $23.70.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.19 billion. Recruit had a return on equity of 35.54% and a net margin of 14.94%. On average, sell-side analysts forecast that Recruit will post 0.72 EPS for the current year.

About Recruit

Recruit Holdings Co, Ltd. is a Japanese technology and services company that operates platforms and businesses focused on connecting people with employment, housing, education, travel, dining and other consumer and business services. The company serves individuals, employers and service providers through digital marketplaces, online information services and software products.

Recruit’s principal businesses include Indeed, a global job search and employment platform, and Glassdoor, which provides employment information, company reviews and recruiting services.