Short Interest in Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) Declines By 28.9%

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 6,900 shares, a drop of 28.9% from the May 15th total of 9,700 shares. Based on an average daily trading volume, of 32,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Japan Airlines Trading Down 0.9%

Shares of Japan Airlines stock opened at $9.62 on Tuesday. Japan Airlines has a 1 year low of $7.27 and a 1 year high of $10.44. The company’s fifty day simple moving average is $9.40 and its 200-day simple moving average is $8.69. The company has a market cap of $8.40 billion, a price-to-earnings ratio of 12.66 and a beta of 0.53. The company has a current ratio of 1.34, a quick ratio of 1.28 and a debt-to-equity ratio of 0.86.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.12 earnings per share (EPS) for the quarter. Japan Airlines had a net margin of 5.86% and a return on equity of 10.94%. The company had revenue of $3.01 billion for the quarter. As a group, sell-side analysts expect that Japan Airlines will post 0.8 EPS for the current year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.