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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 2,800 shares, a growth of 833.3% from the August 31st total of 300 shares. Based on an average daily volume of 15,000 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 15,000 shares, the short-interest ratio is currently 0.2 days.

Ryohin Keikaku Stock Performance

Ryohin Keikaku stock opened at $10.00 on Thursday. Ryohin Keikaku has a fifty-two week low of $3.82 and a fifty-two week high of $12.81. The company has a market capitalization of $11.23 billion and a price-to-earnings ratio of 0.07. The stock has a fifty day moving average of $30.75 and a two-hundred day moving average of $34.67.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Ryohin Keikaku from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd. develops, manufactures, distributes, and sells apparel, household goods, and food items in Japan and internationally. It offers apparel products, comprising shirts, denim jeans, socks, sneakers, innerwear, sweaters, camisoles, cardigans, windbreakers, duffle coats, skirts, trousers, pajamas for adults and kids, maternity stoles, backpacks, handbags, case trolleys, hats, mufflers, gloves, stockings, umbrellas, slippers, sandals, and Japanese working clothes; household goods products, including towels, mattresses, toning water, skin care products, make-up tools, fragrance oils, aroma diffusers, air purifiers, stationary, storage boxes and cases, kitchenware, cutleries, refrigerators, toasters, kettles, juicers, mixers, coffee makers, rice cookers, cabinets, shelves, chairs, benches, sofas, beds, duvets, blankets, refillable bottles, baskets, buckets, cleaning tools, laundry supplies, emergency kits, reusable masks, clocks, flashlights, radios, speakers, extension cords, travel adapters, toys, and bicycles and tricycles; and food products, including retort pouch foods, baumkuchen banana, frying-pan-ready meal kits, butter chicken curry, cookies, crackers, canned foods, potato chips, seasonings, jams, soups, frozen foods, doughnuts, ice cream, coffee beans, sake, sparkling water, and apple juice, as well as houses.