Short Interest in Japan Airlines Ltd (OTCMKTS:JAPSY) Declines By 75.2%

Japan Airlines Ltd (OTCMKTS:JAPSY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 10,145 shares, a drop of 75.2% from the November 30th total of 40,853 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 92,118 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 92,118 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several research firms have issued reports on JAPSY. Zacks Research lowered Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 3rd. Jefferies Financial Group upgraded shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Japan Airlines Trading Down 1.3%

Shares of OTCMKTS JAPSY traded down $0.12 during mid-day trading on Thursday, hitting $9.27. The company’s stock had a trading volume of 12,071 shares, compared to its average volume of 39,149. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.46 and a quick ratio of 1.40. The stock has a market cap of $8.09 billion, a price-to-earnings ratio of 9.76 and a beta of 0.38. The company’s fifty day simple moving average is $9.39 and its 200-day simple moving average is $9.91. Japan Airlines has a one year low of $7.57 and a one year high of $11.00.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Thursday, October 30th. The company reported $0.31 EPS for the quarter. The firm had revenue of $3.48 billion during the quarter. Japan Airlines had a net margin of 6.48% and a return on equity of 11.17%. On average, sell-side analysts anticipate that Japan Airlines will post 0.8 earnings per share for the current fiscal year.

About Japan Airlines

Japan Airlines (OTCMKTS:JAPSY) is the flag carrier of Japan, providing both scheduled passenger and cargo air transportation services. The company operates a comprehensive network of domestic and international flights, connecting major cities across Asia, Europe, North America and Oceania. In addition to its core passenger services, Japan Airlines offers charter operations, cargo logistics and maintenance support through its technical services division.

The airline’s network is centered on its primary hubs at Tokyo’s Haneda and Narita airports.