Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Drops By 99.8%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 2 shares, a decrease of 99.8% from the May 31st total of 1,003 shares. Based on an average trading volume of 1,613 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hapag-Lloyd Aktiengesellschaft Stock Performance

OTCMKTS HPGLY remained flat at $65.00 on Thursday. The company’s stock had a trading volume of 33 shares, compared to its average volume of 969. Hapag-Lloyd Aktiengesellschaft has a one year low of $63.56 and a one year high of $90.58. The company’s 50-day moving average is $66.94 and its 200-day moving average is $70.20.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Hapag-Lloyd Aktiengesellschaft presently has a consensus rating of “Hold”.

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.