Yoshitsu Co., Ltd (NASDAQ:TKLF) Short Interest Up 317.8% in March

Yoshitsu Co., Ltd (NASDAQ:TKLF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 185,900 shares, an increase of 317.8% from the March 15th total of 44,500 shares. Based on an average daily volume of 456,900 shares, the days-to-cover ratio is presently 0.4 days.

Yoshitsu Stock Performance

TKLF opened at $0.24 on Thursday. Yoshitsu has a twelve month low of $0.21 and a twelve month high of $1.69. The firm’s 50-day simple moving average is $0.25 and its 200-day simple moving average is $0.62. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 0.27.

Institutional Investors Weigh In On Yoshitsu

A number of hedge funds have recently added to or reduced their stakes in TKLF. Renaissance Technologies LLC bought a new stake in Yoshitsu during the 2nd quarter worth about $170,000. Citadel Advisors LLC bought a new stake in Yoshitsu during the 2nd quarter worth about $88,000. Virtu Financial LLC bought a new stake in Yoshitsu during the 1st quarter worth about $123,000. Finally, Jane Street Group LLC bought a new stake in Yoshitsu during the 2nd quarter worth about $89,000.

Yoshitsu Company Profile

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.