East Japan Railway (OTCMKTS:EJPRY) Short Interest Up 161.5% in February

East Japan Railway (OTCMKTS:EJPRY) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 31,990 shares, a growth of 161.5% from the January 29th total of 12,235 shares. Based on an average daily trading volume, of 186,153 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 186,153 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Smbc Nikko Sec. upgraded shares of East Japan Railway to a “hold” rating in a research note on Wednesday. One research 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”.

East Japan Railway Stock Down 0.5%

Shares of OTCMKTS EJPRY opened at $12.27 on Friday. East Japan Railway has a fifty-two week low of $9.63 and a fifty-two week high of $13.59. The business has a fifty day moving average price of $12.69 and a two-hundred day moving average price of $12.46.

East Japan Railway (OTCMKTS:EJPRY) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $5.04 billion for the quarter.

About East Japan Railway

East Japan Railway Company (OTCMKTS:EJPRY) is a leading passenger railway operator in Japan, providing commuter, regional and high-speed rail services primarily across the country’s eastern corridor. Best known for its extensive network in the Tokyo metropolitan area, the company operates conventional lines as well as several Shinkansen bullet train routes, connecting the capital with prefectures to the north and northeast. Through its integrated timetable and ticketing systems, East Japan Railway delivers reliable transport solutions for daily commuters, business travelers and domestic tourists.

In addition to rail operations, the company oversees a diversified portfolio of transportation services, including intercity and long-distance bus routes, as well as regional ferry connections in coastal areas.