Oriental Land (OTCMKTS:OLCLY) Stock Short Interest Falls 97.1%

Oriental Land (OTCMKTS:OLCLY – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 626 shares, a decrease of 97.1% from the September 30th total of 21,448 shares. Based on an average trading volume of 37,729 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Oriental Land Trading Down 0.1%

Shares of OTCMKTS:OLCLY opened at $20.89 on Tuesday. The stock’s 50-day simple moving average is $19.36 and its two-hundred day simple moving average is $17.17. The stock has a market capitalization of $34.26 billion, a price-to-earnings ratio of 38.70 and a beta of 0.51. Oriental Land has a 52-week low of $12.94 and a 52-week high of $23.16. The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.62 and a current ratio of 3.77.

Oriental Land (OTCMKTS:OLCLY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.16 EPS for the quarter. Oriental Land had a net margin of 18.75% and a return on equity of 12.35%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. Analysts expect that Oriental Land will post 0.51 EPS for the current year.

About Oriental Land

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Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, which Oriental Land operates under a licensing agreement with The Walt Disney Company.

The company’s operations also include Disney-branded hotels, the Disney Resort Line monorail, resort merchandise and retail businesses, restaurants, and other guest services. These businesses are designed to support the company’s integrated resort model and serve visitors from Japan and overseas.

Oriental Land was established in 1960 and has developed the Tokyo Disney Resort into one of Japan’s leading leisure destinations.

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