Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Update

by · The Markets Daily

Rakuten Group, Inc. (OTCMKTS:RKUNY – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 99.2% from the November 30th total of 12,700 shares. Based on an average daily volume of 47,200 shares, the days-to-cover ratio is currently 0.0 days.

Rakuten Group Price Performance

RKUNY stock traded down $0.26 during mid-day trading on Thursday, reaching $5.39. 33,851 shares of the company’s stock were exchanged, compared to its average volume of 27,932. The stock’s 50 day moving average is $5.92 and its 200 day moving average is $5.95. Rakuten Group has a 12-month low of $4.01 and a 12-month high of $7.27. The company has a market cap of $11.61 billion, a price-to-earnings ratio of -6.06 and a beta of 0.96. The company has a debt-to-equity ratio of 5.73, a current ratio of 1.16 and a quick ratio of 1.16.

About Rakuten Group

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Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.

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