Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Rises By 722.1%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 1,003 shares, an increase of 722.1% from the May 14th total of 122 shares. Based on an average daily trading volume, of 1,357 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Hapag-Lloyd Aktiengesellschaft currently has an average rating of “Hold”.

Hapag-Lloyd Aktiengesellschaft Price Performance

HPGLY stock opened at $67.51 on Friday. The business’s fifty day moving average is $67.59 and its 200-day moving average is $70.22. Hapag-Lloyd Aktiengesellschaft has a twelve month low of $63.56 and a twelve month high of $90.58.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) is a Germany-based global container shipping company offering a wide range of ocean freight and logistics services. Headquartered in Hamburg, the firm maintains a modern fleet of more than 200 container vessels, serving shippers with capacity for standard dry cargo, refrigerated goods and specialized shipments. Its core services include scheduled liner transport, chartering and equipment management for containers of various types and sizes.

The company’s integrated logistics platform extends beyond sea transport to intermodal solutions, inland trucking and rail connections, as well as sea-air services for time-sensitive shipments.