Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Up 10,800.0% in November

Rakuten Group, Inc. (OTCMKTS:RKUNY) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 10,900 shares, a growth of 10,800.0% from the October 31st total of 100 shares. Based on an average trading volume of 47,100 shares, the short-interest ratio is currently 0.2 days.

Rakuten Group Price Performance

OTCMKTS:RKUNY opened at $5.61 on Thursday. The firm has a market cap of $12.06 billion, a price-to-earnings ratio of -6.30 and a beta of 0.96. Rakuten Group has a 1-year low of $3.70 and a 1-year high of $7.27. The company has a debt-to-equity ratio of 4.82, a current ratio of 1.15 and a quick ratio of 1.15. The company has a 50 day moving average price of $6.15 and a 200-day moving average price of $5.84.

Rakuten Group Company Profile

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.