Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) Short Interest Up 75.7% in May

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 248,830 shares, a growth of 75.7% from the May 14th total of 141,584 shares. Currently, 23.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 950,992 shares, the short-interest ratio is presently 0.3 days.

Tokyo Lifestyle Trading Down 1.2%

TKLF opened at $2.08 on Tuesday. The stock has a 50-day moving average price of $2.12 and a 200-day moving average price of $2.57. Tokyo Lifestyle has a 1 year low of $1.76 and a 1 year high of $4.32. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.15.

Tokyo Lifestyle (NASDAQ:TKLF) last issued its earnings results on Friday, June 12th. The company reported $0.13 EPS for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP acquired a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned 1.83% of Tokyo Lifestyle at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Tokyo Lifestyle in a report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Tokyo Lifestyle Company Profile

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.