Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Decreases By 44.7%

Key Points

• Short interest in Ryohin Keikaku fell sharply — down 44.7% to 8,977 shares as of March 31, with a days-to-cover of about 1.1 and approximately 0.0% of shares shorted.
• Shares traded down 4.5% to $11.79 on the latest mid-day session with below-average volume; the company has a market cap of $13.24 billion and a PE ratio of 90.69, with a one-year range of $6.95–$12.81.
• In its most recent quarter Ryohin Keikaku reported EPS of $0.13 (beating estimates by $0.03) and revenue of $1.51 billion, also above analyst expectations.

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY - Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 8,977 shares, a decline of 44.7% from the March 15th total of 16,246 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 8,484 shares, the days-to-cover ratio is presently 1.1 days.

Ryohin Keikaku Trading Down 4.5%

Shares of OTCMKTS:RYKKY traded down $0.56 during mid-day trading on Monday, hitting $11.79. The company had a trading volume of 1,988 shares, compared to its average volume of 4,826. The firm has a fifty day moving average price of $11.23 and a 200 day moving average price of $10.32. The company has a market capitalization of $13.24 billion and a PE ratio of 90.69. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62. Ryohin Keikaku has a one year low of $6.95 and a one year high of $12.81.

Ryohin Keikaku (OTCMKTS:RYKKY - Get Free Report) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.44 billion.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd., founded in 1980 and headquartered in Tokyo, is a Japanese retailer best known for its MUJI brand. The company's core business revolves around the design, planning, manufacturing and sale of a broad array of household and consumer products. Emphasizing simplicity, functionality and quality, Ryohin Keikaku has built a reputation for its “no‐brand” or minimalist design philosophy, which seeks to eliminate unnecessary features and branding in favor of honest materials and understated aesthetics.

The company's product portfolio includes furniture, kitchenware, home furnishings, apparel, stationery, personal care items and a curated selection of packaged foods.

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