Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Drops By 70.8%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 94,668 shares, a drop of 70.8% from the February 26th total of 324,298 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,782,776 shares, the short-interest ratio is presently 0.0 days.

Recruit Stock Down 0.9%

Shares of OTCMKTS RCRUY opened at $8.03 on Thursday. The firm has a market cap of $62.79 billion, a price-to-earnings ratio of 9.02 and a beta of 1.68. The company’s 50-day simple moving average is $9.15 and its 200-day simple moving average is $10.16. Recruit has a 52-week low of $7.57 and a 52-week high of $12.66.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share for the quarter. Recruit had a net margin of 12.85% and a return on equity of 30.37%. The firm had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.03 billion. Equities research analysts anticipate that Recruit will post 0.36 EPS for the current fiscal year.

About Recruit

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.