Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Rises By 200.0%

Key Points

• Ryohin Keikaku Co. Ltd. experienced a significant increase in short interest, rising by 200.0% from 100 to 300 shares in August.
• The stock's performance indicates a market cap of $11.61 billion and a current trading price of $10.95, with a PE ratio of 0.08.
• Zacks Research downgraded Ryohin Keikaku from a "strong-buy" rating to a "hold" rating, reflecting a cautious outlook among analysts.

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 300 shares, a growth of 200.0% from the August 15th total of 100 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Ryohin Keikaku from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Ryohin Keikaku currently has a consensus rating of "Hold".

Ryohin Keikaku Price Performance

Shares of RYKKY stock traded down $0.08 during trading hours on Thursday, hitting $11.00. 901 shares of the company's stock were exchanged, compared to its average volume of 5,050. The stock's 50-day moving average is $37.20 and its 200-day moving average is $35.53. The stock has a market cap of $12.35 billion and a price-to-earnings ratio of 0.08. Ryohin Keikaku has a 52 week low of $3.82 and a 52 week high of $12.81.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. develops, manufactures, distributes, and sells apparel, household goods, and food items in Japan and internationally. It offers apparel products, comprising shirts, denim jeans, socks, sneakers, innerwear, sweaters, camisoles, cardigans, windbreakers, duffle coats, skirts, trousers, pajamas for adults and kids, maternity stoles, backpacks, handbags, case trolleys, hats, mufflers, gloves, stockings, umbrellas, slippers, sandals, and Japanese working clothes; household goods products, including towels, mattresses, toning water, skin care products, make-up tools, fragrance oils, aroma diffusers, air purifiers, stationary, storage boxes and cases, kitchenware, cutleries, refrigerators, toasters, kettles, juicers, mixers, coffee makers, rice cookers, cabinets, shelves, chairs, benches, sofas, beds, duvets, blankets, refillable bottles, baskets, buckets, cleaning tools, laundry supplies, emergency kits, reusable masks, clocks, flashlights, radios, speakers, extension cords, travel adapters, toys, and bicycles and tricycles; and food products, including retort pouch foods, baumkuchen banana, frying-pan-ready meal kits, butter chicken curry, cookies, crackers, canned foods, potato chips, seasonings, jams, soups, frozen foods, doughnuts, ice cream, coffee beans, sake, sparkling water, and apple juice, as well as houses.