Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Short Interest Down 53.8% in June

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 25,527 shares, a drop of 53.8% from the June 15th total of 55,288 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 178,004 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Mitsui O.S.K. Lines to a “hold” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Mitsui O.S.K. Lines currently has an average rating of “Hold”.

Mitsui O.S.K. Lines Price Performance

Shares of Mitsui O.S.K. Lines stock traded up $0.50 during trading hours on Tuesday, reaching $17.00. The company’s stock had a trading volume of 76,935 shares, compared to its average volume of 45,608. The firm has a 50 day moving average price of $17.35 and a 200-day moving average price of $17.70. The stock has a market cap of $12.34 billion and a P/E ratio of 0.17. Mitsui O.S.K. Lines has a one year low of $13.71 and a one year high of $22.59.

Mitsui O.S.K. Lines Company Profile

Mitsui O.S.K. Lines, Ltd. (MOL) is a leading global shipping company headquartered in Tokyo, Japan. Specializing in maritime transportation, MOL operates a diverse fleet that includes container ships, bulk carriers, oil tankers, LNG carriers and car carriers. The company also deploys specialized vessels for chemicals and liquefied gas, serving a wide range of industries such as energy, automotive and retail.

Beyond core shipping services, MOL provides integrated logistics solutions encompassing terminal operations, port services and inland distribution.