Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Sees Large Increase in Short Interest

Key Points

• Ryohin Keikaku Co. Ltd. experienced a significant increase in short interest, rising by 100% to a total of 200 shares as of July 15th, indicating growing bearish sentiment among investors.
• The company's stock traded up 4.1%, reaching $48.99, against a backdrop of a market capitalization of $12.99 billion and a P/E ratio of 0.35.
• With a day-to-cover ratio of 0.2 days and only 0.0% of shares sold short, trading activity suggests limited short-term pressure on Ryohin's stock.

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY - ) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's stock are sold short.

Ryohin Keikaku Trading Up 4.1%

OTCMKTS RYKKY traded up $1.91 during trading on Tuesday, hitting $48.99. 1,079 shares of the company traded hands, compared to its average volume of 1,708. Ryohin Keikaku has a 12 month low of $15.29 and a 12 month high of $50.03. The business has a fifty day simple moving average of $43.67 and a 200 day simple moving average of $33.43. The company has a market capitalization of $12.99 billion and a P/E ratio of 0.35.

Ryohin Keikaku Company Profile

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.

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