Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) Short Interest Up 180.1% in December
by Jessica Moore · The Cerbat GemFast Retailing Co., Ltd. (OTCMKTS:FRCOY – Get Free Report) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 51,638 shares, a growth of 180.1% from the November 30th total of 18,434 shares. Based on an average daily volume of 90,755 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 90,755 shares, the days-to-cover ratio is currently 0.6 days.
Fast Retailing Stock Performance
Fast Retailing stock traded up $0.42 during mid-day trading on Friday, reaching $36.62. The company had a trading volume of 9,227 shares, compared to its average volume of 91,944. The business has a fifty day simple moving average of $36.25 and a 200 day simple moving average of $33.50. Fast Retailing has a fifty-two week low of $28.46 and a fifty-two week high of $38.53.
About Fast Retailing
Fast Retailing Co, Ltd. is a Japanese retail holding company best known as the parent of Uniqlo, one of the world’s leading casual apparel brands. Headquartered in Yamaguchi Prefecture, Japan, Fast Retailing focuses on the design, manufacture and global distribution of everyday wear for men, women and children. Its core business centers on accessible, high-quality basics that blend functionality with minimalist styling, underpinned by proprietary fabric technologies such as HEATTECH and AIRism.
The company traces its roots to a men’s clothing shop founded by Tadashi Yanai’s family in 1963.