Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Update

Rakuten Group, Inc. (OTCMKTS:RKUNY) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 12,700 shares, an increase of 16.5% from the November 15th total of 10,900 shares. Based on an average daily trading volume, of 28,300 shares, the days-to-cover ratio is currently 0.4 days.

Rakuten Group Stock Up 1.3 %

Shares of OTCMKTS RKUNY opened at $6.39 on Friday. The firm has a market cap of $13.75 billion, a price-to-earnings ratio of -7.18 and a beta of 0.95. The company’s 50-day simple moving average is $5.97 and its 200-day simple moving average is $5.91. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 5.73. Rakuten Group has a 52-week low of $3.84 and a 52-week high of $7.27.

Rakuten Group Company Profile

Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.