Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Up 84.9% in August

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 6,914 shares, an increase of 84.9% from the July 30th total of 3,739 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,894 shares, the days-to-cover ratio is currently 3.7 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Ryohin Keikaku has a consensus rating of “Hold”.

Ryohin Keikaku Trading Up 1.1%

OTCMKTS:RYKKY opened at $13.61 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77. Ryohin Keikaku has a one year low of $8.76 and a one year high of $15.39. The company has a market cap of $15.29 billion and a PE ratio of 36.78. The firm has a 50-day moving average of $13.07 and a 200-day moving average of $11.97.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. As a group, equities research analysts expect that Ryohin Keikaku will post 0.41 EPS for the current fiscal 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.