Short Interest in Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Increases By 1,313.3%

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 55,288 shares, a growth of 1,313.3% from the May 31st total of 3,912 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 132,971 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Mitsui O.S.K. Lines to a “hold” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Mitsui O.S.K. Lines Price Performance

OTCMKTS:MSLOY traded down $0.42 on Thursday, reaching $16.21. 145,116 shares of the company’s stock were exchanged, compared to its average volume of 42,187. The firm has a market cap of $11.77 billion and a price-to-earnings ratio of 0.17. Mitsui O.S.K. Lines has a 52 week low of $13.71 and a 52 week high of $22.59. The stock has a fifty day simple moving average of $18.03 and a 200-day simple moving average of $17.54.

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.