Oriental Land (OTCMKTS:OLCLY) Stock Short Interest Climbs 210.7%

Oriental Land (OTCMKTS:OLCLY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 19,444 shares, a growth of 210.7% from the August 31st total of 6,259 shares. Based on an average daily volume of 29,071 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the company’s shares are sold short.

Oriental Land Stock Up 3.0%

Oriental Land stock traded up $0.56 during trading on Friday, reaching $19.20. 10,640 shares of the company’s stock were exchanged, compared to its average volume of 13,521. The company’s 50-day moving average is $18.98 and its two-hundred day moving average is $16.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.62 and a current ratio of 3.77. Oriental Land has a 52-week low of $12.94 and a 52-week high of $24.63. The firm has a market cap of $31.48 billion, a price-to-earnings ratio of 35.56 and a beta of 0.44.

Oriental Land (OTCMKTS:OLCLY) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.16 EPS for the quarter. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. Oriental Land had a return on equity of 12.35% and a net margin of 18.75%. On average, analysts predict that Oriental Land will post 0.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Oriental Land to a “hold” rating in a report on Thursday, June 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Oriental Land Company Profile

Oriental Land Co, Ltd. is a Japanese entertainment company best known for operating Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, along with Disney-themed hotels, shopping and dining facilities, and related leisure attractions. Oriental Land operates the resort under a licensing agreement with The Walt Disney Company.

Founded in 1960, Oriental Land initially focused on developing land and tourist facilities in the Maihama area.