Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Sees Significant Increase in Short Interest

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,939 shares, an increase of 484.0% from the April 15th total of 332 shares. Based on an average daily volume of 2,532 shares, the days-to-cover ratio is currently 0.8 days.

Hapag-Lloyd Aktiengesellschaft Price Performance

Shares of OTCMKTS:HPGLY remained flat at $67.92 during midday trading on Thursday. The stock had a trading volume of 114 shares, compared to its average volume of 908. Hapag-Lloyd Aktiengesellschaft has a 1 year low of $63.98 and a 1 year high of $94.27. The stock’s 50 day moving average price is $72.23 and its 200 day moving average price is $70.44.

About Hapag-Lloyd Aktiengesellschaft

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.