Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Down 99.2% in December

Rakuten Group, Inc. (OTCMKTS:RKUNY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline 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 presently 0.0 days.

Rakuten Group Trading Up 1.0 %

Shares of RKUNY stock traded up $0.06 during trading hours on Friday, reaching $5.45. 99,770 shares of the stock were exchanged, compared to its average volume of 28,219. Rakuten Group has a 12-month low of $4.11 and a 12-month high of $7.27. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 5.73. The firm has a market capitalization of $11.73 billion, a price-to-earnings ratio of -6.12 and a beta of 0.95. The company’s 50-day moving average price is $5.89 and its 200-day moving average price is $5.94.

About Rakuten Group

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.