Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) Short Interest Update

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 248,830 shares, a growth of 75.7% from the May 14th total of 141,584 shares. Approximately 23.9% of the shares of the company are short sold. Based on an average daily volume of 950,992 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Tokyo Lifestyle in a research report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Tokyo Lifestyle

An institutional investor recently bought a new position in Tokyo Lifestyle stock. Susquehanna International Group LLP bought a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned about 1.83% of Tokyo Lifestyle at the end of the most recent reporting period.

Tokyo Lifestyle Price Performance

Shares of TKLF stock traded up $0.11 during trading hours on Monday, reaching $2.10. The stock had a trading volume of 32,843 shares, compared to its average volume of 99,775. The stock’s fifty day simple moving average is $2.13 and its 200 day simple moving average is $2.57. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.24 and a quick ratio of 1.20. Tokyo Lifestyle has a 12 month low of $1.76 and a 12 month high of $4.32.

Tokyo Lifestyle (NASDAQ:TKLF) last released its quarterly earnings data on Friday, June 12th. The company reported $0.13 EPS for the quarter.

Tokyo Lifestyle Company Profile

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.