Japan Airlines Ltd (OTCMKTS:JAPSY) Stock Short Interest Falls 37.9%

Japan Airlines Ltd (OTCMKTS:JAPSY) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 13,925 shares, a decrease of 37.9% from the August 31st total of 22,431 shares. Based on an average daily volume of 45,267 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Japan Airlines Stock Down 1.6%

Shares of JAPSY traded down $0.15 during midday trading on Thursday, reaching $9.49. 5,695 shares of the stock were exchanged, compared to its average volume of 90,324. The company has a market cap of $8.21 billion, a price-to-earnings ratio of 11.17 and a beta of 0.41. The company has a quick ratio of 1.47, a current ratio of 1.55 and a debt-to-equity ratio of 0.48. Japan Airlines has a 12-month low of $7.55 and a 12-month high of $10.53. The firm has a 50 day simple moving average of $9.47 and a 200-day simple moving average of $8.75.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.03 EPS for the quarter. Japan Airlines had a return on equity of 8.82% and a net margin of 5.68%.The business had revenue of $3.29 billion during the quarter. Research analysts forecast that Japan Airlines will post 0.69 EPS for the current year.

About Japan Airlines

Japan Airlines Co, Ltd. is a Japanese airline and the core company of the Japan Airlines Group. The company provides scheduled air transportation for domestic and international passengers, along with cargo and mail services. Its operations are supported by related businesses including airport services, aircraft maintenance, travel services, loyalty programs and other services connected to air transportation.

Japan Airlines serves destinations throughout Japan and connects the country with major cities across Asia, North America, Europe and other international markets.