Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Down 46.0% in August

Japan Airlines Ltd (OTCMKTS:JAPSY) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 18,165 shares, a drop of 46.0% from the July 30th total of 33,650 shares. Based on an average trading volume of 36,584 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

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

Japan Airlines Stock Performance

Japan Airlines stock remained flat at $9.51 during midday trading on Friday. The company had a trading volume of 19,267 shares, compared to its average volume of 19,894. The firm has a fifty day moving average price of $9.15 and a 200-day moving average price of $8.74. Japan Airlines has a 52-week low of $7.55 and a 52-week high of $11.00. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.38. The stock has a market capitalization of $8.22 billion, a PE ratio of 11.19 and a beta of 0.41.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.03 EPS for the quarter. The company had revenue of $3.29 billion during the quarter. Japan Airlines had a return on equity of 9.09% and a net margin of 5.68%. Equities analysts predict that Japan Airlines will post 0.69 earnings per share for the current fiscal year.

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.