Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Short Interest Update

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 3,912 shares, a decline of 81.1% from the May 14th total of 20,656 shares. Based on an average daily trading volume, of 107,017 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

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

Mitsui O.S.K. Lines Stock Up 0.8%

Shares of OTCMKTS MSLOY traded up $0.15 during trading on Friday, reaching $17.99. 65,138 shares of the stock were exchanged, compared to its average volume of 39,445. The business’s 50-day moving average price is $18.83 and its 200 day moving average price is $17.35. Mitsui O.S.K. Lines has a twelve month low of $13.71 and a twelve month high of $22.59. The company has a market capitalization of $13.06 billion and a price-to-earnings ratio of 0.17.

Mitsui O.S.K. Lines Company Profile

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.