Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Short Interest Update

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 56,096 shares, a drop of 38.8% from the August 31st total of 91,679 shares. Based on an average daily volume of 50,162 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised Mitsui O.S.K. Lines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Mitsui O.S.K. Lines has an average rating of “Strong Buy”.

Mitsui O.S.K. Lines Stock Performance

Shares of Mitsui O.S.K. Lines stock traded down $0.37 during mid-day trading on Thursday, hitting $22.15. The stock had a trading volume of 19,685 shares, compared to its average volume of 40,419. The firm has a 50-day moving average of $21.32 and a two-hundred day moving average of $19.46. Mitsui O.S.K. Lines has a 12-month low of $13.71 and a 12-month high of $24.94.

Mitsui O.S.K. Lines Company Profile

Mitsui O.S.K. Lines, Ltd. is a Japanese maritime transportation and logistics company headquartered in Tokyo. The company traces its origins to 1884 and has developed into one of the world’s major shipping groups, serving customers across international trade routes.

MOL operates a diversified fleet and provides ocean transportation for dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources. Its services also include the transportation of automobiles and other finished vehicles, containerized cargo and related logistics solutions.

In addition to shipping, Mitsui O.S.K.