Japan Airlines Ltd (OTCMKTS:JAPSY) Shares Shorted: Short Interest Down 48.6% in September

Japan Airlines Ltd (OTCMKTS:JAPSY) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 7,156 shares, a decline of 48.6% from the September 15th total of 13,925 shares. Based on an average daily volume of 31,459 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Japan Airlines Stock Performance

Shares of OTCMKTS:JAPSY traded down $0.28 during trading on Wednesday, hitting $9.19. The company’s stock had a trading volume of 4,758 shares, compared to its average volume of 86,834. Japan Airlines has a 12 month low of $7.55 and a 12 month high of $10.53. The company has a 50-day moving average of $9.54 and a 200-day moving average of $8.83. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.55 and a quick ratio of 1.47. The firm has a market cap of $7.95 billion, a price-to-earnings ratio of 10.81 and a beta of 0.48.

Japan Airlines (OTCMKTS:JAPSY) last posted its earnings results on Monday, August 3rd. The company reported $0.03 earnings per share for the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 8.82%. The company had revenue of $3.29 billion during the quarter. On average, sell-side analysts expect that Japan Airlines will post 0.69 earnings per share for the current year.

About Japan Airlines

Japan Airlines Co, Ltd. is a Japanese airline and the core company of the Japan Airlines Group. The company provides scheduled air transportation for domestic and international passengers, along with cargo and mail services. Its operations are supported by related businesses including airport services, aircraft maintenance, travel services, loyalty programs and other services connected to air transportation.

Japan Airlines serves destinations throughout Japan and connects the country with major cities across Asia, North America, Europe and other international markets.