Short Interest in Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) Drops By 45.0%

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 19,200 shares, a drop of 45.0% from the November 15th total of 34,900 shares. Based on an average daily volume of 71,900 shares, the short-interest ratio is currently 0.3 days.

Fast Retailing Stock Performance

FRCOY stock traded down $0.76 during trading on Friday, hitting $34.73. 29,389 shares of the company’s stock traded hands, compared to its average volume of 37,256. The business has a fifty day simple moving average of $33.67 and a two-hundred day simple moving average of $30.25. Fast Retailing has a 1 year low of $22.93 and a 1 year high of $37.96.

Fast Retailing (OTCMKTS:FRCOY) last announced its quarterly earnings results on Thursday, October 10th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $4.79 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.