Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Down 99.2% in December

Rakuten Group, Inc. (OTCMKTS:RKUNY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 99.2% from the November 30th total of 12,700 shares. Based on an average trading volume of 47,200 shares, the short-interest ratio is currently 0.0 days.

Rakuten Group Price Performance

OTCMKTS:RKUNY traded down $0.26 during mid-day trading on Friday, hitting $5.39. 33,851 shares of the company’s stock traded hands, compared to its average volume of 27,932. The company has a debt-to-equity ratio of 5.73, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market cap of $11.61 billion, a PE ratio of -6.06 and a beta of 0.96. The firm’s 50 day simple moving average is $5.90 and its 200 day simple moving average is $5.95. Rakuten Group has a 1 year low of $4.01 and a 1 year high of $7.27.

About Rakuten Group

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.