Oriental Land (OTCMKTS:OLCLY) Short Interest Down 54.1% in September

Key Points

• Oriental Land's short interest decreased by 54.1% in September, dropping to 10,200 shares from 22,200 shares at the end of August.
• The company reported $1.13 billion in revenue for the last quarter, exceeding analyst estimates of $1.10 billion, and achieved $0.12 earnings per share.
• Oriental Land's stock is currently trading at $23.73, down from a 12-month high of $26.98, with a market cap of $42.72 billion.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,200 shares, a decline of 54.1% from the August 31st total of 22,200 shares. Based on an average daily trading volume, of 39,400 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 39,400 shares, the days-to-cover ratio is currently 0.3 days.

Oriental Land Stock Performance

OTCMKTS:OLCLY traded down $0.85 during mid-day trading on Friday, reaching $23.73. The company's stock had a trading volume of 12,590 shares, compared to its average volume of 58,026. Oriental Land has a 12-month low of $18.37 and a 12-month high of $26.98. The firm's fifty day moving average price is $23.55 and its two-hundred day moving average price is $22.29. The company has a current ratio of 2.23, a quick ratio of 2.11 and a debt-to-equity ratio of 0.22. The stock has a market cap of $42.72 billion, a P/E ratio of 45.64 and a beta of 0.68.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.12 earnings per share for the quarter. Oriental Land had a return on equity of 13.22% and a net margin of 18.27%.The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.10 billion. On average, equities analysts forecast that Oriental Land will post 0.47 EPS for the current fiscal year.

About Oriental Land

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.

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