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

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

Rakuten Group Trading Up 4.4 %

Shares of RKUNY opened at $6.34 on Wednesday. Rakuten Group has a 12 month low of $4.13 and a 12 month high of $7.27. The stock’s 50-day moving average is $5.79 and its two-hundred day moving average is $6.02. 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.