Short Interest in Rakuten Group, Inc. (OTCMKTS:RKUNY) Grows By 16.5%

Rakuten Group, Inc. (OTCMKTS:RKUNY) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 12,700 shares, a growth of 16.5% from the November 15th total of 10,900 shares. Based on an average daily volume of 28,300 shares, the short-interest ratio is currently 0.4 days.

Rakuten Group Stock Up 1.3 %

OTCMKTS:RKUNY opened at $6.39 on Friday. Rakuten Group has a 52 week low of $3.84 and a 52 week high of $7.27. The stock’s fifty day moving average is $5.97 and its two-hundred day moving average is $5.91. The stock has a market capitalization of $13.75 billion, a price-to-earnings ratio of -7.18 and a beta of 0.95. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 5.73.

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.