Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF) Sees Large Decline in Short Interest

Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,816,169 shares, a decrease of 44.9% from the June 30th total of 3,295,163 shares. Based on an average daily trading volume, of 2,326 shares, the days-to-cover ratio is currently 780.8 days. Currently, 0.1% of the company’s shares are short sold.

Recruit Stock Performance

RCRRF traded up $2.97 during midday trading on Thursday, reaching $82.11. 815 shares of the company were exchanged, compared to its average volume of 11,537. The stock has a market capitalization of $132.18 billion, a P/E ratio of 53.32 and a beta of 1.59. Recruit has a one year low of $38.80 and a one year high of $82.11. The stock’s 50-day simple moving average is $71.14 and its 200 day simple moving average is $55.53.

About Recruit

Recruit Holdings Co, Ltd. is a Japan-based provider of human resources, staffing and information services that connects employers and jobseekers through a mix of technology platforms, staffing operations and media services. The company operates a broad suite of recruitment-related offerings, spanning online job search, placement services, temporary staffing and employer advertising, aiming to streamline hiring and workforce management for organizations of varying sizes and industries.

Its product and service set includes global career platforms and job boards, staffing and talent-sourcing operations, and HR-related software and data services that support talent acquisition and employer branding.