Short Interest in Oriental Land (OTCMKTS:OLCLY) Expands By 248.0%

Key Points

• Short interest in Oriental Land (OTCMKTS: OLCLY) surged by 248% in September, increasing from 10,200 shares to 35,500 shares.
• The stock is currently trading at $24.01 with a market cap of $43.23 billion, showing a debt-to-equity ratio of 0.22.
• In its last quarterly report, Oriental Land reported $1.13 billion in revenue, surpassing analyst estimates of $1.10 billion.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 35,500 shares, a growth of 248.0% from the September 15th total of 10,200 shares. Based on an average daily trading volume, of 44,900 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 44,900 shares, the days-to-cover ratio is presently 0.8 days.

Oriental Land Stock Performance

Shares of OTCMKTS:OLCLY traded up $0.30 during midday trading on Friday, hitting $24.01. The company had a trading volume of 18,265 shares, compared to its average volume of 24,224. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.23 and a quick ratio of 2.11. The company has a market cap of $43.23 billion, a price-to-earnings ratio of 46.17 and a beta of 0.68. Oriental Land has a 12-month low of $18.37 and a 12-month high of $26.98. The company has a fifty day moving average of $24.02 and a two-hundred day moving average of $22.51.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.12 EPS for the quarter. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.10 billion. Oriental Land had a return on equity of 13.22% and a net margin of 18.27%. On average, equities research analysts expect 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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