Short Interest in Oriental Land Co., Ltd. (OTCMKTS:OLCLY) Drops By 74.6%

Oriental Land Co., Ltd. (OTCMKTS:OLCLY - Get Free Report) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 10,100 shares, a decrease of 74.6% from the May 15th total of 39,700 shares. Based on an average daily volume of 60,600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Oriental Land to a "hold" rating in a research note on Tuesday, March 25th.

Oriental Land Price Performance

Shares of Oriental Land stock traded down $0.27 during midday trading on Thursday, hitting $22.30. 6,472 shares of the company traded hands, compared to its average volume of 75,090. The stock has a market cap of $40.15 billion, a price-to-earnings ratio of 47.45 and a beta of 0.64. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.07 and a current ratio of 2.20. The firm's fifty day moving average price is $21.92 and its 200-day moving average price is $21.65. Oriental Land has a 12 month low of $18.37 and a 12 month high of $29.89.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The company reported $0.11 EPS for the quarter. Oriental Land had a return on equity of 12.00% and a net margin of 17.63%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.22 billion. As a group, sell-side analysts forecast that Oriental Land will post 0.47 earnings per share for the current year.

Oriental Land Company Profile

Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel, as well as Tokyo Disney Resort Toy Story Hotel.