Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Grows By 2,063.6%

Key Points

• Short interest in Recruit surged by 2,063.6% to 2,048,273 shares as of March 31 (up from 94,668 on March 15), with a days‑to‑cover of 0.7 days and reported shorted shares representing essentially 0.0% of the company's shares.
• Recruit stock traded at $8.85 (down $0.19) with a market cap of $65.16B and a P/E of 9.94; the company beat revenue estimates last quarter ($6.12B vs. $6.03B), reported EPS of $0.13, a net margin of 12.85% and ROE of 30.37%.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,048,273 shares, an increase of 2,063.6% from the March 15th total of 94,668 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 3,138,468 shares, the days-to-cover ratio is currently 0.7 days.

Recruit Stock Performance

Recruit stock traded down $0.19 during trading hours on Friday, reaching $8.85. 1,135,282 shares of the company's stock traded hands, compared to its average volume of 1,446,829. The firm has a market capitalization of $65.16 billion, a price-to-earnings ratio of 9.94 and a beta of 1.63. Recruit has a fifty-two week low of $7.57 and a fifty-two week high of $12.66. The firm's 50 day moving average is $8.62 and its 200-day moving average is $9.97.

Recruit (OTCMKTS:RCRUY - Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.13 EPS for the quarter. The company had revenue of $6.12 billion during the quarter, compared to analysts' expectations of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.37%. Analysts predict that Recruit will post 0.36 EPS for the current year.

About Recruit

Recruit Holdings Co, Ltd. OTCMKTS: RCRUY is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.

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