West Japan Railway (OTCMKTS:WJRYY) Short Interest Down 81.3% in April

West Japan Railway (OTCMKTS:WJRYY) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 24 shares, a drop of 81.3% from the April 15th total of 128 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 103,241 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Zacks Research raised West Japan Railway from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

West Japan Railway Stock Performance

WJRYY opened at $17.68 on Tuesday. The business’s 50-day moving average price is $19.59 and its two-hundred day moving average price is $20.09. West Japan Railway has a 1 year low of $17.06 and a 1 year high of $24.85. The company has a market capitalization of $8.05 billion, a price-to-earnings ratio of 9.56 and a beta of 0.17. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.10 and a quick ratio of 0.73.

About West Japan Railway

West Japan Railway Company (OTCMKTS: WJRYY), commonly known as JR West, is one of the regional passenger railway operators formed in 1987 following the privatization of Japanese National Railways. Headquartered in Osaka, JR West manages a comprehensive rail network across western Honshu, providing vital transportation links that facilitate daily commuting, intercity travel, and regional tourism. As an American Depositary Receipt (ADR)–listed issuer, the company offers international investors access to its operations through trading on OTC markets in the United States.

JR West’s core business centers on passenger rail services, including high-speed Shinkansen lines and an extensive range of conventional rail routes.