Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Sees Large Drop in Short Interest

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 20,585 shares, a decrease of 38.1% from the April 15th total of 33,247 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 100,846 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research raised Mitsui O.S.K. Lines to a “hold” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Mitsui O.S.K. Lines Stock Performance

MSLOY stock traded down $0.21 during midday trading on Friday, reaching $18.52. 26,279 shares of the company were exchanged, compared to its average volume of 34,774. The company has a market cap of $13.45 billion and a price-to-earnings ratio of 0.17. Mitsui O.S.K. Lines has a 1-year low of $13.71 and a 1-year high of $22.59. The stock’s 50-day simple moving average is $19.84 and its 200 day simple moving average is $16.89.

About Mitsui O.S.K. Lines

Mitsui O.S.K. Lines, Ltd. (MOL) is a leading global shipping company headquartered in Tokyo, Japan. Specializing in maritime transportation, MOL operates a diverse fleet that includes container ships, bulk carriers, oil tankers, LNG carriers and car carriers. The company also deploys specialized vessels for chemicals and liquefied gas, serving a wide range of industries such as energy, automotive and retail.

Beyond core shipping services, MOL provides integrated logistics solutions encompassing terminal operations, port services and inland distribution.