Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Decreases By 99.8%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 2 shares, a drop of 99.8% from the May 31st total of 1,003 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,613 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Hapag-Lloyd Aktiengesellschaft Stock Performance

Shares of HPGLY remained flat at $65.00 during mid-day trading on Friday. 33 shares of the stock were exchanged, compared to its average volume of 969. The business’s fifty day moving average price is $66.87 and its 200 day moving average price is $70.20. Hapag-Lloyd Aktiengesellschaft has a one year low of $63.56 and a one year high of $90.58.

About Hapag-Lloyd Aktiengesellschaft

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) is a Germany-based global container shipping company offering a wide range of ocean freight and logistics services. Headquartered in Hamburg, the firm maintains a modern fleet of more than 200 container vessels, serving shippers with capacity for standard dry cargo, refrigerated goods and specialized shipments. Its core services include scheduled liner transport, chartering and equipment management for containers of various types and sizes.

The company’s integrated logistics platform extends beyond sea transport to intermodal solutions, inland trucking and rail connections, as well as sea-air services for time-sensitive shipments.