Ryohin Keikaku Co., Ltd. (OTCMKTS:RYKKY) sees sharp drop in short-term interest

Ryohin Keikaku Co., Ltd. (OTCMKTS: RYKKYGet a rating) benefited from a significant drop in short-term interest rates in April. As of April 15, there was short interest totaling 2,100 shares, down 74.7% from the March 31 total of 8,300 shares. Based on an average daily volume of 241,100 shares, the short-term interest rate ratio is currently 0.0 day.

Stock RYKKY traded down $0.08 during Friday trading hours, hitting $8.91. The company’s shares had a trading volume of 63,847 shares, compared to an average volume of 135,524. Ryohin Keikaku has a 12-month low of $8.75 and a 12-month high of $23.80. The stock has a 50-day moving average price of $11.78 and a 200-day moving average price of $14.79.

Separately, Jefferies Financial Group downgraded shares of Ryohin Keikaku from a “buy” rating to a “hold” rating in a Tuesday, April 12 research report.

Ryohin Keikaku Company Profile (Get a rating)

Ryohin Keikaku Co, Ltd. develops, manufactures, distributes and sells clothing, household goods and food products under the MUJI brand. It operates cafes and catering stores, campsites and online stores. The company also designs, manufactures and sells home furnishings, including furniture, accessories, antiques, curtains and rugs.

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