Short Interest in Oriental Land (OTCMKTS:OLCLY) Declines By 75.4%

Oriental Land (OTCMKTS:OLCLY) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 25,066 shares, a drop of 75.4% from the June 30th total of 101,980 shares. Based on an average trading volume of 94,068 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Oriental Land to a “hold” rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Oriental Land Price Performance

OLCLY opened at $17.85 on Tuesday. The business has a fifty day moving average of $14.92 and a 200 day moving average of $16.19. The stock has a market cap of $29.27 billion, a P/E ratio of 35.70 and a beta of 0.47. The company has a quick ratio of 3.37, a current ratio of 3.51 and a debt-to-equity ratio of 0.28. Oriental Land has a 52-week low of $12.94 and a 52-week high of $26.98.

Oriental Land (OTCMKTS:OLCLY) last released its earnings results on Tuesday, April 28th. The company reported $0.09 earnings per share for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The business had revenue of $1.11 billion for the quarter. As a group, sell-side analysts anticipate that Oriental Land will post 0.46 EPS for the current year.

About Oriental Land

Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.

Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.