Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) Short Interest Down 63.4% in May

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY – Get Rating) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 9,600 shares, a decline of 63.4% from the April 30th total of 26,200 shares. Based on an average daily trading volume, of 141,100 shares, the short-interest ratio is currently 0.1 days.

Shares of FRCOY stock opened at $46.99 on Thursday. Fast Retailing has a 52-week low of $43.47 and a 52-week high of $82.02. The stock’s 50-day moving average price is $48.29 and its 200 day moving average price is $54.39.

Fast Retailing (OTCMKTS:FRCOY – Get Rating) last issued its quarterly earnings results on Thursday, April 14th. The company reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $5.16 billion during the quarter.

Separately, Jefferies Financial Group cut Fast Retailing from a “buy” rating to a “hold” rating in a research 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.

Further Reading

• Get a free copy of the StockNews.com research report on Fast Retailing (FRCOY)
• Is Zoom Video (NASDAQ: ZM) Starting To Bottom Out?
• Short-Covering Begins In Big Lots 
• Institutions Ring The Register On Toll Brothers Stock
• Agilent Technologies Is Bottoming But Don’t Buy It Yet
• Dick’s Sporting Goods Falls Flat On Weak Guidance 

Want More Great Investing Ideas?