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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 4,615 shares, an increase of 108.4% from the December 31st total of 2,215 shares. Based on an average trading volume of 6,349 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 6,349 shares, the days-to-cover ratio is presently 0.7 days.

Ryohin Keikaku Stock Performance

Shares of RYKKY opened at $9.80 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.46. The firm’s 50 day moving average is $9.62 and its 200-day moving average is $18.81. Ryohin Keikaku has a 12-month low of $5.88 and a 12-month high of $12.81. The stock has a market capitalization of $11.01 billion and a P/E ratio of 75.38.

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

Ryohin Keikaku Company Profile

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.