West Japan Railway (OTCMKTS:WJRYY) Short Interest Update

Key Points

• Short interest in West Japan Railway surged by 133.3% in August, increasing from 2,400 shares at the end of July to 5,600 shares by August 15th, indicating growing bearish sentiment among investors.
• The company reported a quarterly EPS of $0.67, exceeding analyst expectations of $0.57, although its revenue of $2.90 billion fell short of the $2.95 billion estimate.
• West Japan Railway's stock is trading at approximately $22.76, with a market capitalization of $10.71 billion and a P/E ratio of 12.64, reflecting moderate valuation metrics in the transport sector.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) saw a large growth in short interest in August. As of August 15th, there was short interest totaling 5,600 shares, agrowthof133.3% from the July 31st total of 2,400 shares. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is currently 0.3 days.

West Japan Railway Stock Up 0.7%

Shares of WJRYY stock traded up $0.17 during trading on Tuesday, reaching $23.12. The company's stock had a trading volume of 3,582 shares, compared to its average volume of 32,305. West Japan Railway has a one year low of $16.32 and a one year high of $24.85. The business has a fifty day moving average price of $22.55 and a 200-day moving average price of $21.62. The company has a market cap of $10.88 billion, a price-to-earnings ratio of 12.84 and a beta of 0.36. The company has a quick ratio of 0.59, a current ratio of 0.91 and a debt-to-equity ratio of 1.02.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.10. West Japan Railway had a net margin of 7.25% and a return on equity of 9.59%. The firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.95 billion. Analysts anticipate that West Japan Railway will post 1.36 earnings per share for the current year.

About West Japan Railway

West Japan Railway Company provides railway transport services in Japan. The company operates through Mobility, Retail, Real Estate, Travel and Regional Solutions, and Other segments. The Mobility segment provides passenger transportation, station operation and management, cleaning and maintenance, construction, machinery and equipment installation, rolling stock and other facility construction services, as well as engages in the railway operations and electric works.