Oriental Land (OTCMKTS:OLCLY) Sees Large Decrease in Short Interest

Key Points

• Oriental Land experienced a significant 30.4% decrease in short interest in August, with only 22,200 shares sold short as of August 31st.
• The company's stock increased by $0.20 to reach $24.45, with a market capitalization of $44.02 billion and current ratios indicating strong liquidity.
• Oriental Land reported earnings of $0.12 EPS with revenues surpassing analysts' expectations at $1.13 billion for the last quarter.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 22,200 shares, a drop of 30.4% from the August 15th total of 31,900 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 45,600 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 45,600 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company's stock are sold short.

Oriental Land Stock Down 4.0%

Shares of OTCMKTS OLCLY traded down $1.01 during midday trading on Friday, reaching $24.36. The company's stock had a trading volume of 24,791 shares, compared to its average volume of 18,250. The company has a current ratio of 2.23, a quick ratio of 2.11 and a debt-to-equity ratio of 0.22. Oriental Land has a fifty-two week low of $18.37 and a fifty-two week high of $28.99. The stock has a market capitalization of $43.86 billion, a price-to-earnings ratio of 46.85 and a beta of 0.64. The stock has a 50 day simple moving average of $22.94 and a 200-day simple moving average of $22.09.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. Oriental Land had a net margin of 18.27% and a return on equity of 13.22%. Equities research analysts predict 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.