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

Rakuten Group, Inc. (OTCMKTS:RKUNF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 9,530,200 shares, a drop of 15.4% from the January 31st total of 11,263,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 95,302.0 days.

Rakuten Group Stock Performance

Rakuten Group stock opened at $5.77 on Wednesday. Rakuten Group has a 1-year low of $4.48 and a 1-year high of $7.44. The stock’s 50 day moving average price is $5.82 and its 200 day moving average price is $6.05.

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.