Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Up 16.5% in November

Rakuten Group, Inc. (OTCMKTS:RKUNY) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 12,700 shares, an increase of 16.5% from the November 15th total of 10,900 shares. Based on an average daily volume of 28,300 shares, the days-to-cover ratio is presently 0.4 days.

Rakuten Group Price Performance

Shares of Rakuten Group stock opened at $6.40 on Tuesday. The firm has a market cap of $13.77 billion, a PE ratio of -7.18 and a beta of 0.95. Rakuten Group has a 12-month low of $3.84 and a 12-month high of $7.27. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 5.73. The company’s fifty day simple moving average is $5.97 and its two-hundred day simple moving average is $5.91.

Rakuten Group Company Profile

Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.