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

Rakuten Group, Inc. (OTCMKTS:RKUNY) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 99.2% from the November 30th total of 12,700 shares. Based on an average daily trading volume, of 47,200 shares, the short-interest ratio is currently 0.0 days.

Rakuten Group Stock Performance

OTCMKTS:RKUNY traded up $0.06 during mid-day trading on Friday, hitting $5.45. The company’s stock had a trading volume of 99,770 shares, compared to its average volume of 28,219. The company has a debt-to-equity ratio of 5.73, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market cap of $11.73 billion, a price-to-earnings ratio of -6.12 and a beta of 0.95. The business’s fifty day moving average is $5.89 and its two-hundred day moving average is $5.94. Rakuten Group has a 1 year low of $4.11 and a 1 year high of $7.27.

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.