Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Up 154.9% in February

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 13,004 shares, an increase of 154.9% from the February 12th total of 5,101 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,517 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 6,517 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.0% of the shares of the stock are sold short.

Ryohin Keikaku Price Performance

Shares of OTCMKTS RYKKY remained flat at $11.78 during mid-day trading on Friday. 600 shares of the stock were exchanged, compared to its average volume of 3,521. Ryohin Keikaku has a 52 week low of $5.88 and a 52 week high of $12.81. The stock has a 50 day moving average of $10.58 and a 200 day moving average of $11.23. The stock has a market cap of $13.23 billion and a PE ratio of 90.62. The company has a quick ratio of 1.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.44 billion.

About Ryohin Keikaku

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.