Japan Airlines Ltd (OTCMKTS:JAPSY) Sees Large Decrease in Short Interest

Japan Airlines Ltd (OTCMKTS:JAPSY) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 18,165 shares, a decrease of 46.0% from the July 30th total of 33,650 shares. Based on an average daily trading volume, of 36,584 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

Japan Airlines Stock Performance

JAPSY traded up $0.00 on Tuesday, reaching $9.33. The company had a trading volume of 4,903 shares, compared to its average volume of 99,281. The stock has a market cap of $8.07 billion, a P/E ratio of 10.98 and a beta of 0.41. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.38 and a current ratio of 1.44. Japan Airlines has a fifty-two week low of $7.55 and a fifty-two week high of $11.00. The company’s fifty day moving average is $9.17 and its 200 day moving average is $8.73.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $3.29 billion during the quarter. Japan Airlines had a return on equity of 9.09% and a net margin of 5.68%. As a group, analysts predict that Japan Airlines will post 0.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

About Japan Airlines

Japan Airlines (OTCMKTS:JAPSY) is the flag carrier of Japan, providing both scheduled passenger and cargo air transportation services. The company operates a comprehensive network of domestic and international flights, connecting major cities across Asia, Europe, North America and Oceania. In addition to its core passenger services, Japan Airlines offers charter operations, cargo logistics and maintenance support through its technical services division.

The airline’s network is centered on its primary hubs at Tokyo’s Haneda and Narita airports.