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

Rakuten Group, Inc. (OTCMKTS:RKUNY – Get Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 14,300 shares, an increase of 14,200.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 66,100 shares, the short-interest ratio is currently 0.2 days.

Rakuten Group Price Performance

Shares of Rakuten Group stock traded down $0.06 during mid-day trading on Monday, reaching $5.79. 27,767 shares of the stock traded hands, compared to its average volume of 33,944. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 5.73. The business has a 50-day moving average of $5.81 and a 200 day moving average of $5.98. The stock has a market capitalization of $12.47 billion, a PE ratio of -6.51 and a beta of 0.96. Rakuten Group has a fifty-two week low of $4.13 and a fifty-two week high of $7.27.

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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