Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Expands By 118.8%

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 2,262 shares, a growth of 118.8% from the June 30th total of 1,034 shares. Based on an average daily volume of 7,720 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on shares of Ryohin Keikaku in a research note on Tuesday, May 26th. They set a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Ryohin Keikaku Stock Down 2.2%

RYKKY traded down $0.32 during trading on Thursday, reaching $14.06. The stock had a trading volume of 1,432 shares, compared to its average volume of 4,456. The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average is $11.89 and its two-hundred day moving average is $11.36. The company has a market capitalization of $15.79 billion and a price-to-earnings ratio of 37.99. Ryohin Keikaku has a one year low of $8.76 and a one year high of $14.69.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings data on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. As a group, analysts expect that Ryohin Keikaku will post 0.39 earnings per share for the current year.

About Ryohin Keikaku

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.