Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Expands By 24.9%

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 16,246 shares, a growth of 24.9% from the February 26th total of 13,004 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 6,841 shares, the days-to-cover ratio is currently 2.4 days.

Ryohin Keikaku Stock Performance

RYKKY opened at $10.46 on Monday. The firm has a market cap of $11.75 billion and a price-to-earnings ratio of 80.46. The company has a current ratio of 2.81, a quick ratio of 1.62 and a debt-to-equity ratio of 0.20. Ryohin Keikaku has a 12 month low of $6.15 and a 12 month high of $12.81. The stock has a fifty day moving average price of $10.96 and a 200-day moving average price of $10.28.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.44 billion.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd., founded in 1980 and headquartered in Tokyo, is a Japanese retailer best known for its MUJI brand. The company’s core business revolves around the design, planning, manufacturing and sale of a broad array of household and consumer products. Emphasizing simplicity, functionality and quality, Ryohin Keikaku has built a reputation for its “no‐brand” or minimalist design philosophy, which seeks to eliminate unnecessary features and branding in favor of honest materials and understated aesthetics.

The company’s product portfolio includes furniture, kitchenware, home furnishings, apparel, stationery, personal care items and a curated selection of packaged foods.