Rakuten Group, Inc. (OTCMKTS:RKUNY) Sees Large Increase in Short Interest

Rakuten Group, Inc. (OTCMKTS:RKUNY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 14,300 shares, an increase of 14,200.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 66,100 shares, the short-interest ratio is presently 0.2 days.

Rakuten Group Trading Up 0.2 %

Shares of OTCMKTS RKUNY opened at $6.35 on Thursday. Rakuten Group has a twelve month low of $4.13 and a twelve month high of $7.27. The stock has a 50 day moving average of $5.79 and a two-hundred day moving average of $6.02. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 5.73.

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.