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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 16,246 shares, an increase of 24.9% from the February 26th total of 13,004 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,841 shares, the days-to-cover ratio is presently 2.4 days.

Ryohin Keikaku Stock Down 5.1%

Shares of RYKKY opened at $10.73 on Wednesday. The firm has a market cap of $12.05 billion and a P/E ratio of 82.50. Ryohin Keikaku has a 12-month low of $6.15 and a 12-month high of $12.81. The company’s 50-day moving average price is $11.01 and its 200 day moving average price is $10.28. The company has a current ratio of 2.81, a quick ratio of 1.62 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations 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.