Japan Airlines Ltd (OTCMKTS:JAPSY) Sees Large Decrease in Short Interest

Key Points

• Japan Airlines Ltd reported a 96.9% drop in short interest in July, decreasing from 48,900 shares to just 1,500 shares, indicating a reduced bearish sentiment among investors.
• The company's EPS for the last quarter was $0.21 with revenue of $3.26 billion, surpassing analyst expectations of $3.20 billion.
• As of the latest trading session, Japan Airlines' stock price is $10.65, with a market capitalization of $9.30 billion and a debt-to-equity ratio of 0.79.

Japan Airlines Ltd (OTCMKTS:JAPSY - Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,500 shares, adropof96.9% from the July 15th total of 48,900 shares. Based on an average daily trading volume, of 37,600 shares, the short-interest ratio is presently 0.0 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 37,600 shares, the short-interest ratio is presently 0.0 days.

Japan Airlines Price Performance

Shares of JAPSY stock traded up $0.0980 on Tuesday, reaching $10.8280. The company's stock had a trading volume of 33,693 shares, compared to its average volume of 23,545. The company has a quick ratio of 1.25, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. Japan Airlines has a 12-month low of $7.48 and a 12-month high of $10.9494. The company has a market capitalization of $9.45 billion, a P/E ratio of 11.77 and a beta of 0.56. The stock's 50 day simple moving average is $10.11 and its 200-day simple moving average is $9.36.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.21 earnings per share (EPS) for the quarter. Japan Airlines had a return on equity of 12.28% and a net margin of 6.35%.The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.20 billion. As a group, equities analysts predict that Japan Airlines will post 0.8 earnings per share for the current fiscal 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.