Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) Sees Large Increase in Short Interest

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 35,100 shares, an increase of 697.7% from the January 31st total of 4,400 shares. Based on an average trading volume of 94,600 shares, the days-to-cover ratio is presently 0.4 days.

Japan Airlines Stock Performance

OTCMKTS JAPSY traded down $0.06 during trading hours on Friday, hitting $8.53. 28,969 shares of the stock were exchanged, compared to its average volume of 69,509. Japan Airlines has a 12-month low of $7.27 and a 12-month high of $9.70. The stock has a 50-day moving average of $8.11 and a 200 day moving average of $8.16. The company has a market cap of $7.45 billion, a price-to-earnings ratio of 11.22 and a beta of 0.69. The company has a quick ratio of 1.28, a current ratio of 1.34 and a debt-to-equity ratio of 0.86.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.31 EPS for the quarter. Japan Airlines had a return on equity of 10.94% and a net margin of 5.86%. As a group, equities research analysts forecast that Japan Airlines will post 0.8 earnings per share for the current year.

Japan Airlines Company Profile

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.