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

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

Rakuten Group Stock Down 1.8 %

Shares of RKUNY traded down $0.11 during trading hours on Tuesday, reaching $6.03. 12,417 shares of the stock traded hands, compared to its average volume of 19,755. Rakuten Group has a 52 week low of $4.65 and a 52 week high of $7.27. The company has a market cap of $12.99 billion, a price-to-earnings ratio of -12.06 and a beta of 0.97. The stock has a fifty day simple moving average of $6.06 and a 200 day simple moving average of $6.19. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 5.73.

Rakuten Group (OTCMKTS:RKUNY) last posted its quarterly earnings data on Friday, February 14th. The company reported ($0.04) EPS for the quarter. Rakuten Group had a negative net margin of 7.17% and a negative return on equity of 15.31%. The firm had revenue of $4.34 billion during the quarter. On average, equities analysts forecast that Rakuten Group will post 0.06 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.