Japan Airlines Ltd (OTCMKTS:JAPSY) Sees Large Increase in Short Interest

Japan Airlines Ltd (OTCMKTS:JAPSY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 33,650 shares, an increase of 451.4% from the July 15th total of 6,103 shares. Based on an average daily volume of 54,556 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Japan Airlines Trading Down 0.3%

OTCMKTS JAPSY opened at $9.47 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.38 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $8.92 and a 200 day simple moving average of $8.74. Japan Airlines has a 12 month low of $7.55 and a 12 month high of $11.00. The firm has a market capitalization of $8.19 billion, a P/E ratio of 11.14 and a beta of 0.41.

Japan Airlines (OTCMKTS:JAPSY) last announced its earnings results on Monday, August 3rd. The company reported $0.03 EPS for the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 9.09%. The company had revenue of $3.29 billion during the quarter. On average, analysts predict that Japan Airlines will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

About Japan Airlines

Japan Airlines (OTCMKTS:JAPSY) is the flag carrier of Japan, providing both scheduled passenger and cargo air transportation services. The company operates a comprehensive network of domestic and international flights, connecting major cities across Asia, Europe, North America and Oceania. In addition to its core passenger services, Japan Airlines offers charter operations, cargo logistics and maintenance support through its technical services division.

The airline’s network is centered on its primary hubs at Tokyo’s Haneda and Narita airports.