Short Interest in Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) Increases By 162.5%

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 63,000 shares, an increase of 162.5% from the March 31st total of 24,000 shares. Based on an average daily volume of 93,500 shares, the days-to-cover ratio is presently 0.7 days.

Japan Airlines Price Performance

JAPSY stock traded down $0.11 during midday trading on Friday, reaching $8.97. 68,126 shares of the company’s stock traded hands, compared to its average volume of 41,337. Japan Airlines has a 52 week low of $8.72 and a 52 week high of $11.15. The firm’s fifty day moving average price is $9.28 and its 200-day moving average price is $9.39. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.32 and a current ratio of 1.38.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $2.90 billion for the quarter. Japan Airlines had a net margin of 6.41% and a return on equity of 11.46%. On average, sell-side analysts predict that Japan Airlines will post 0.72 EPS for the current fiscal year.

About Japan Airlines

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.