Rakuten Group saw a 22.5% drop in short interest in May, with 13.9M shares shorted, down from 17.9M in April.
Rakuten Group, an e-commerce and fintech company, saw a 22.5% drop in short interest in May, with 13.9M shares shorted, down from 17.9M in April. The days-to-cover ratio is currently 1,514.7 days, based on average trading volume. RKUNF shares remained flat at $5.22. The company operates in Japan and internationally through its Internet Services, FinTech, and Mobile segments.
June 02, 2024
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