Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Up 65.8% in February

Rakuten Group, Inc. (OTCMKTS:RKUNY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 61,000 shares, a growth of 65.8% from the January 31st total of 36,800 shares. Based on an average daily trading volume, of 30,000 shares, the days-to-cover ratio is currently 2.0 days.

Rakuten Group Stock Performance

Shares of OTCMKTS:RKUNY traded down $0.04 during midday trading on Friday, reaching $6.14. The company had a trading volume of 14,305 shares, compared to its average volume of 19,944. The stock has a market cap of $13.23 billion, a P/E ratio of -12.28 and a beta of 0.97. Rakuten Group has a 52-week low of $4.65 and a 52-week high of $7.27. 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 company’s 50 day moving average price is $6.06 and its 200 day moving average price is $6.18.

Rakuten Group (OTCMKTS:RKUNY) last released its quarterly earnings data on Friday, February 14th. The company reported ($0.04) EPS for the quarter. The business had revenue of $4.34 billion for the quarter. Rakuten Group had a negative net margin of 7.17% and a negative return on equity of 15.31%. As a group, sell-side analysts anticipate that Rakuten Group will post 0.06 EPS for the current fiscal 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.