Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) Sees Significant Increase in Short Interest

Fast Retailing Co., Ltd. (OTCMKTS:FRCOYGet Rating) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 26,200 shares, a growth of 413.7% from the April 15th total of 5,100 shares. Based on an average trading volume of 72,400 shares, the short-interest ratio is presently 0.4 days.

Shares of FRCOY opened at $44.77 on Thursday. Fast Retailing has a 12 month low of $43.48 and a 12 month high of $82.02. The stock’s 50-day moving average price is $49.15 and its two-hundred day moving average price is $55.86.

Fast Retailing (OTCMKTS:FRCOYGet Rating) last announced its earnings results on Thursday, April 14th. The company reported $0.45 EPS for the quarter. The company had revenue of $5.16 billion for the quarter.

Separately, Jefferies Financial Group downgraded Fast Retailing from a “buy” rating to a “hold” rating in a report on Wednesday, March 9th.

Fast Retailing Company Profile (Get Rating)

Fast Retailing Co, Ltd., through its subsidiaries, operates as an apparel designer and retailer in Japan and internationally. The company operates through four segments: UNIQLO Japan, UNIQLO International, GU, and Global Brands. It manufactures and retails clothing for men, women, children, and babies; and lingerie, as well as other goods and items.

Read More

Receive News & Ratings for Fast Retailing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fast Retailing and related companies with MarketBeat.com's FREE daily email newsletter.