Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Rises By 203.9%

Key Points

• Short interest surged 203.9% to 324,298 shares as of Feb. 27 (from 106,720 on Feb. 12), though the days-to-cover remains very low at 0.1 given an average daily volume of about 4.2 million shares.
• Recruit beat revenue estimates in the latest quarter—$6.12 billion vs. $6.03 billion—and reported $0.13 EPS, with a net margin of 12.85% and a return on equity of 30.4%.
• Shares opened at $8.33 and are down about 3.7%, trading below the 50-day ($9.94) and 200-day ($10.43) moving averages; market cap is roughly $65.1 billion and the P/E is 9.36.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 324,298 shares, a growth of 203.9% from the February 12th total of 106,720 shares. Based on an average daily volume of 4,203,345 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,203,345 shares, the days-to-cover ratio is presently 0.1 days.

Recruit Trading Down 3.7%

Shares of OTCMKTS RCRUY opened at $8.33 on Wednesday. The business has a fifty day simple moving average of $9.94 and a 200 day simple moving average of $10.43. The firm has a market capitalization of $65.14 billion, a price-to-earnings ratio of 9.36 and a beta of 1.68. Recruit has a one year low of $7.69 and a one year high of $12.66.

Recruit (OTCMKTS:RCRUY - Get Free Report) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.40%. On average, research analysts anticipate that Recruit will post 0.36 earnings per share for the current fiscal year.

Recruit Company Profile

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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