Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Up 84.9% in August

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 6,914 shares, a growth of 84.9% from the July 30th total of 3,739 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,894 shares, the days-to-cover ratio is presently 3.7 days.

Ryohin Keikaku Price Performance

OTCMKTS:RYKKY opened at $14.55 on Tuesday. The business’s 50-day moving average is $13.14 and its 200 day moving average is $12.01. Ryohin Keikaku has a 12 month low of $8.76 and a 12 month high of $15.39. The company has a market capitalization of $16.34 billion and a P/E ratio of 39.32. The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, equities research analysts forecast that Ryohin Keikaku will post 0.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein initiated coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.