Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Update

Rakuten Group, Inc. (OTCMKTS:RKUNY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 67,600 shares, an increase of 62.1% from the June 30th total of 41,700 shares. Based on an average daily volume of 26,900 shares, the short-interest ratio is presently 2.5 days.

Rakuten Group Trading Down 1.1 %

Shares of OTCMKTS RKUNY opened at $5.36 on Monday. Rakuten Group has a fifty-two week low of $3.50 and a fifty-two week high of $6.00. The company has a debt-to-equity ratio of 4.58, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market capitalization of $11.52 billion, a P/E ratio of -5.36 and a beta of 0.95. The company’s 50 day simple moving average is $5.30 and its 200 day simple moving average is $5.16.

Rakuten Group (OTCMKTS:RKUNY) last announced its earnings results on Tuesday, May 14th. The company reported ($0.13) EPS for the quarter. The company had revenue of $3.46 billion for the quarter. Rakuten Group had a negative return on equity of 26.20% and a negative net margin of 14.15%. On average, analysts predict that Rakuten Group will post -0.15 EPS for the current year.

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.