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

Rakuten Group, Inc. (OTCMKTS:RKUNY) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 99.7% from the October 15th total of 28,900 shares. Based on an average daily volume of 120,800 shares, the days-to-cover ratio is currently 0.0 days.

Rakuten Group Price Performance

Shares of RKUNY traded down $0.03 during midday trading on Tuesday, reaching $5.95. The stock had a trading volume of 16,727 shares, compared to its average volume of 28,245. The company has a market capitalization of $12.80 billion, a price-to-earnings ratio of -6.84 and a beta of 0.96. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 4.82. Rakuten Group has a 12-month low of $3.52 and a 12-month high of $7.27. The company’s 50-day moving average is $6.39 and its 200 day moving average is $5.77.

Rakuten Group (OTCMKTS:RKUNY) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.10) EPS for the quarter. The company had revenue of $3.45 billion during the quarter. Rakuten Group had a negative return on equity of 24.66% and a negative net margin of 12.91%. On average, equities analysts predict that Rakuten Group will post -0.22 EPS for the current fiscal 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.