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

Key Points

• Short interest in Japan Airlines Ltd (OTCMKTS:JAPSY) surged by 276.2% in July, rising to a total of 48,900 shares from 13,000 shares in June.
• The company's stock price recently traded at $10.10, showing a market cap of $8.82 billion and a price-to-earnings ratio of 10.98.
• Japan Airlines reported $0.21 earnings per share for its last quarterly earnings, exceeding revenue expectations with $3.26 billion compared to the consensus estimate of $3.20 billion.

Japan Airlines Ltd (OTCMKTS:JAPSY - Get Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 48,900 shares, anincreaseof276.2% from the June 30th total of 13,000 shares. Based on an average trading volume of 52,300 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 52,300 shares, the short-interest ratio is presently 0.9 days.

Japan Airlines Price Performance

Shares of Japan Airlines stock traded down $0.02 on Thursday, hitting $10.56. 3,411 shares of the company were exchanged, compared to its average volume of 39,861. Japan Airlines has a 1-year low of $7.48 and a 1-year high of $10.68. The company has a quick ratio of 1.25, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 11.47 and a beta of 0.56. The company has a 50-day moving average price of $10.00 and a 200 day moving average price of $9.18.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.21 earnings per share for the quarter. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. The business had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.20 billion. As a group, sell-side 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.