East Japan Railway (OTCMKTS:EJPRY) Short Interest Update

East Japan Railway (OTCMKTS:EJPRY) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 32,740 shares, an increase of 79.4% from the March 31st total of 18,246 shares. Based on an average daily volume of 196,945 shares, the days-to-cover ratio is currently 0.2 days.

East Japan Railway Trading Down 0.2%

East Japan Railway stock traded down $0.02 during mid-day trading on Tuesday, hitting $10.69. 75,464 shares of the company traded hands, compared to its average volume of 92,634. East Japan Railway has a one year low of $10.02 and a one year high of $13.59. The stock has a fifty day moving average price of $11.56 and a 200-day moving average price of $12.21.

East Japan Railway (OTCMKTS:EJPRY) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.22 earnings per share for the quarter. The company had revenue of $5.04 billion for the quarter.

Analysts Set New Price Targets

Separately, Smbc Nikko Sec. upgraded East Japan Railway to a “hold” rating in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, East Japan Railway presently has an average rating of “Buy”.

About East Japan Railway

East Japan Railway Company (OTCMKTS:EJPRY) is a leading passenger railway operator in Japan, providing commuter, regional and high-speed rail services primarily across the country’s eastern corridor. Best known for its extensive network in the Tokyo metropolitan area, the company operates conventional lines as well as several Shinkansen bullet train routes, connecting the capital with prefectures to the north and northeast. Through its integrated timetable and ticketing systems, East Japan Railway delivers reliable transport solutions for daily commuters, business travelers and domestic tourists.

In addition to rail operations, the company oversees a diversified portfolio of transportation services, including intercity and long-distance bus routes, as well as regional ferry connections in coastal areas.