Oriental Land (OTCMKTS:OLCLY) Sees Large Increase in Short Interest

Oriental Land (OTCMKTS:OLCLY) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 15,935 shares, a growth of 4,414.2% from the May 31st total of 353 shares. Based on an average trading volume of 231,225 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Oriental Land to a “hold” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Oriental Land Stock Up 1.0%

Shares of OLCLY stock traded up $0.15 during trading hours on Thursday, reaching $14.79. 74,264 shares of the company’s stock were exchanged, compared to its average volume of 110,558. Oriental Land has a 1 year low of $12.94 and a 1 year high of $26.98. The company has a current ratio of 3.51, a quick ratio of 3.37 and a debt-to-equity ratio of 0.28. The stock has a market cap of $24.25 billion, a PE ratio of 29.58 and a beta of 0.49. The stock’s fifty day moving average price is $14.35 and its two-hundred day moving average price is $16.55.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 EPS for the quarter. The firm had revenue of $1.11 billion during the quarter. Oriental Land had a net margin of 17.28% and a return on equity of 11.58%. Research analysts predict that Oriental Land will post 0.46 EPS for the current year.

About Oriental Land

Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.

Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.