Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Decreases By 70.8%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 94,668 shares, a decrease of 70.8% from the February 26th total of 324,298 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,782,776 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 2,782,776 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Recruit Stock Performance

Recruit stock traded down $0.06 during mid-day trading on Wednesday, reaching $8.04. The company’s stock had a trading volume of 764,019 shares, compared to its average volume of 1,292,289. The firm’s fifty day moving average price is $9.22 and its two-hundred day moving average price is $10.18. Recruit has a 12-month low of $7.57 and a 12-month high of $12.66. The company has a market capitalization of $62.85 billion, a P/E ratio of 9.03 and a beta of 1.68.

Recruit (OTCMKTS:RCRUY) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.13 EPS for the quarter. Recruit had a return on equity of 30.37% and a net margin of 12.85%.The firm had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.03 billion. On average, research analysts predict that Recruit will post 0.36 EPS for the current fiscal year.

About Recruit

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.