Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Down 82.3% in June

Japan Airlines Ltd (OTCMKTS:JAPSY) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 24,983 shares, a decrease of 82.3% from the May 31st total of 140,972 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 328,139 shares, the short-interest ratio is presently 0.1 days.

Japan Airlines Trading Up 2.2%

Shares of Japan Airlines stock traded up $0.19 during trading on Friday, reaching $8.80. The company’s stock had a trading volume of 72,976 shares, compared to its average volume of 137,656. Japan Airlines has a 52-week low of $7.55 and a 52-week high of $11.00. The company has a market cap of $7.61 billion, a price-to-earnings ratio of 8.54 and a beta of 0.42. The firm’s 50-day moving average is $8.19 and its two-hundred day moving average is $8.79. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57.

Japan Airlines (OTCMKTS:JAPSY) last issued its earnings results on Thursday, April 30th. The company reported $0.17 EPS for the quarter. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%. The company had revenue of $3.18 billion for the quarter. On average, sell-side analysts anticipate that Japan Airlines will post 0.6 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus 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.