Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Update

Rakuten Group, Inc. (OTCMKTS:RKUNY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 67,600 shares, a growth of 62.1% from the June 30th total of 41,700 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is currently 2.5 days.

Rakuten Group Stock Performance

OTCMKTS:RKUNY opened at $5.36 on Monday. The company has a market cap of $11.52 billion, a P/E ratio of -5.36 and a beta of 0.95. Rakuten Group has a twelve month low of $3.50 and a twelve month high of $6.00. The company’s 50-day moving average price is $5.30 and its 200-day moving average price is $5.16. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.58.

Rakuten Group (OTCMKTS:RKUNY) last released its quarterly earnings results on Tuesday, May 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. Rakuten Group had a negative net margin of 14.15% and a negative return on equity of 26.20%. The company had revenue of $3.46 billion during the quarter. On average, sell-side analysts forecast that Rakuten Group will post -0.15 earnings per share for the current fiscal year.

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.