Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) Sees Large Decline in Short Interest

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 53,200 shares, a decrease of 10.4% from the July 15th total of 59,400 shares. Based on an average daily trading volume, of 72,300 shares, the short-interest ratio is currently 0.7 days.

Fast Retailing Trading Up 3.5 %

OTCMKTS:FRCOY traded up $1.00 during mid-day trading on Monday, reaching $29.35. The stock had a trading volume of 27,400 shares, compared to its average volume of 36,428. The business’s 50 day moving average is $26.45 and its 200 day moving average is $27.32. Fast Retailing has a fifty-two week low of $20.75 and a fifty-two week high of $32.08.

Fast Retailing (OTCMKTS:FRCOY) last released its quarterly earnings data on Thursday, July 11th. The company reported $0.25 EPS for the quarter. The firm had revenue of $5.01 billion during the quarter.

About Fast Retailing

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.