Oriental Land (OTCMKTS:OLCLY) Short Interest Update

Oriental Land (OTCMKTS:OLCLY) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,023 shares, a drop of 84.0% from the July 15th total of 25,066 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 44,739 shares, the days-to-cover ratio is currently 0.1 days.

Oriental Land Stock Performance

Shares of OTCMKTS:OLCLY traded up $0.64 during trading on Friday, hitting $19.36. The stock had a trading volume of 11,027 shares, compared to its average volume of 105,034. Oriental Land has a 12-month low of $12.94 and a 12-month high of $26.98. The stock has a market capitalization of $31.74 billion, a price-to-earnings ratio of 35.85 and a beta of 0.44. The company has a quick ratio of 3.15, a current ratio of 3.27 and a debt-to-equity ratio of 0.27. The stock has a 50-day simple moving average of $16.23 and a two-hundred day simple moving average of $16.26.

Oriental Land (OTCMKTS:OLCLY) last issued its earnings results on Thursday, July 30th. The company reported $0.16 EPS for the quarter. Oriental Land had a return on equity of 12.36% and a net margin of 18.75%.The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. On average, equities research analysts expect that Oriental Land will post 0.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Oriental Land to a “hold” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.