Rakuten Group, Inc. (OTCMKTS:RKUNY) Sees Large Growth in Short Interest

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

Rakuten Group Stock Up 4.4 %

RKUNY traded up $0.27 during trading on Wednesday, hitting $6.34. 25,854 shares of the company's stock traded hands, compared to its average volume of 26,350. Rakuten Group has a 12-month low of $4.13 and a 12-month high of $7.27. The company's 50 day simple moving average is $5.79 and its two-hundred day simple moving average is $6.02. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 5.73. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of -7.12 and a beta of 0.96.

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.