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

Fast Retailing Co., Ltd. (OTCMKTS:FRCOYGet Free Report) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 96,700 shares, an increase of 26.9% from the February 28th total of 76,200 shares. Based on an average daily volume of 140,100 shares, the days-to-cover ratio is presently 0.7 days.

Fast Retailing Price Performance

Shares of OTCMKTS FRCOY traded down $0.14 during midday trading on Tuesday, reaching $29.69. 80,545 shares of the company’s stock traded hands, compared to its average volume of 125,480. The stock’s 50 day simple moving average is $31.37 and its 200-day simple moving average is $32.60. Fast Retailing has a one year low of $24.57 and a one year high of $37.96.

Fast Retailing (OTCMKTS:FRCOYGet Free Report) last announced its earnings results on Thursday, January 9th. The company reported $0.29 earnings per share (EPS) for the quarter.

About Fast Retailing

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

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