Short Interest in Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Decreases By 53.8%

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 25,527 shares, a drop of 53.8% from the June 15th total of 55,288 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 178,004 shares, the days-to-cover ratio is presently 0.1 days.

Mitsui O.S.K. Lines Trading Up 1.6%

Shares of Mitsui O.S.K. Lines stock traded up $0.27 during trading on Wednesday, reaching $17.22. The company’s stock had a trading volume of 26,998 shares, compared to its average volume of 46,073. The company has a 50-day moving average price of $17.31 and a two-hundred day moving average price of $17.71. Mitsui O.S.K. Lines has a fifty-two week low of $13.71 and a fifty-two week high of $22.59. The firm has a market cap of $12.50 billion and a PE ratio of 0.17.

Analyst Ratings Changes

Separately, Zacks Research raised Mitsui O.S.K. Lines to a “hold” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Mitsui O.S.K. Lines Company Profile

Mitsui O.S.K. Lines, Ltd. (MOL) is a leading global shipping company headquartered in Tokyo, Japan. Specializing in maritime transportation, MOL operates a diverse fleet that includes container ships, bulk carriers, oil tankers, LNG carriers and car carriers. The company also deploys specialized vessels for chemicals and liquefied gas, serving a wide range of industries such as energy, automotive and retail.

Beyond core shipping services, MOL provides integrated logistics solutions encompassing terminal operations, port services and inland distribution.