Short Interest in Central Japan Railway Co. (OTCMKTS:CJPRY) Increases By 106.0%

Key Points

• Central Japan Railway Co. (OTCMKTS:CJPRY) experienced a significant **106.0% increase** in short interest in August, growing from 13,400 to 27,600 shares.
• The company's stock traded down **0.9%**, closing at **$14.11** with a market capitalization of **$27.77 billion**.
• In its last quarterly earnings report, Central Japan Railway reported **$0.51 earnings per share**, surpassing analyst expectations of **$0.45** and generating revenues of **$3.23 billion**.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 27,600 shares, a growth of 106.0% from the August 15th total of 13,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 57,400 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 57,400 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Central Japan Railway Stock Performance

CJPRY stock traded down $0.07 during trading on Friday, reaching $14.04. The company had a trading volume of 50,080 shares, compared to its average volume of 109,326. The firm has a 50-day simple moving average of $12.76 and a 200-day simple moving average of $11.27. The company has a market cap of $27.63 billion, a price-to-earnings ratio of 8.51 and a beta of 0.33. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.43 and a current ratio of 2.48. Central Japan Railway has a twelve month low of $8.74 and a twelve month high of $14.88.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.06. The company had revenue of $3.23 billion during the quarter, compared to analysts' expectations of $3.13 billion. Central Japan Railway had a net margin of 21.00% and a return on equity of 10.85%. As a group, sell-side analysts expect that Central Japan Railway will post 1.35 earnings per share for the current year.

About Central Japan Railway

Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Merchandise and Other, Real Estate, and Other segments. It primarily operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka, as well as a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.