Short Interest in Rakuten Group, Inc. (OTCMKTS:RKUNY) Expands By 14,200.0%

Rakuten Group, Inc. (OTCMKTS:RKUNY - Get Free Report) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 14,300 shares, a growth of 14,200.0% from the December 15th total of 100 shares. Based on an average daily volume of 66,100 shares, the days-to-cover ratio is currently 0.2 days.

Rakuten Group Trading Down 1.2 %

RKUNY traded down $0.07 during trading on Monday, reaching $5.72. 24,893 shares of the company's stock were exchanged, compared to its average volume of 32,642. The company's fifty day moving average price is $5.80 and its 200-day moving average price is $5.98. The firm has a market capitalization of $12.32 billion, a PE ratio of -6.43 and a beta of 0.96. Rakuten Group has a fifty-two week low of $4.13 and a fifty-two week high of $7.27. The company has a debt-to-equity ratio of 5.73, a quick ratio of 1.16 and a current ratio of 1.16.

Rakuten Group Company Profile

Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.