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

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

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein began coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They set a “market perform” rating on the stock. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Ryohin Keikaku Trading Up 1.1%

Shares of Ryohin Keikaku stock opened at $13.61 on Friday. The firm has a market cap of $15.29 billion and a PE ratio of 36.78. Ryohin Keikaku has a 1 year low of $8.76 and a 1 year high of $15.39. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77. The stock has a fifty day moving average price of $13.07 and a 200-day moving average price of $11.97.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Equities research analysts anticipate that Ryohin Keikaku will post 0.41 EPS for the current year.

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.