RYOJ (NASDAQ:RYOJ) Stock Short Interest Drops 41.5%

RYOJ (NASDAQ:RYOJ) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 23,156 shares, a drop of 41.5% from the September 15th total of 39,554 shares. Based on an average daily volume of 10,534 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.2% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of RYOJ to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings raised shares of RYOJ from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average rating of “Sell”.

RYOJ Trading Down 10.4%

RYOJ stock traded down $0.28 during midday trading on Thursday, reaching $2.42. 1,934,267 shares of the company traded hands, compared to its average volume of 413,008. RYOJ has a 52-week low of $1.56 and a 52-week high of $11.43. The business has a 50 day moving average of $4.26 and a 200-day moving average of $3.42.

RYOJ Company Profile

rYojbaba Co, Ltd. operates a labor consulting and health services business. The labor consulting business provides strategic consulting services. It also operates osteopathic clinics and beauty salons within its health services business. rYojbaba Co, Ltd. is based in FUKUOKA, Japan.