Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF) Drops By 25.8%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 977,400 shares, a decline of 25.8% from the August 15th total of 1,316,800 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 651.6 days.

Recruit Stock Performance

OTCMKTS RCRRF traded up $3.19 on Monday, reaching $63.10. 7,500 shares of the company were exchanged, compared to its average volume of 2,049. Recruit has a fifty-two week low of $27.32 and a fifty-two week high of $64.20. The business’s fifty day moving average price is $57.16 and its 200 day moving average price is $50.14.

Recruit (OTCMKTS:RCRRF) last announced its earnings results on Thursday, August 8th. The company reported $0.44 earnings per share for the quarter. The company had revenue of $5.78 billion during the quarter. Recruit had a net margin of 10.45% and a return on equity of 19.02%. On average, research analysts anticipate that Recruit will post 1.87 earnings per share for the current year.

Recruit Company Profile

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.