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

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 56,096 shares, a decrease of 38.8% from the August 31st total of 91,679 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 50,162 shares, the short-interest ratio is currently 1.1 days.

Mitsui O.S.K. Lines Price Performance

Shares of OTCMKTS MSLOY traded down $0.37 during mid-day trading on Thursday, reaching $22.15. The company’s stock had a trading volume of 19,685 shares, compared to its average volume of 40,419. The stock has a 50-day moving average of $21.32 and a two-hundred day moving average of $19.46. Mitsui O.S.K. Lines has a 1-year low of $13.71 and a 1-year high of $24.94.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Mitsui O.S.K. Lines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Mitsui O.S.K. Lines presently has a consensus rating of “Strong Buy”.

About Mitsui O.S.K. Lines

Mitsui O.S.K. Lines, Ltd. is a Japanese maritime transportation and logistics company headquartered in Tokyo. The company traces its origins to 1884 and has developed into one of the world’s major shipping groups, serving customers across international trade routes.

MOL operates a diversified fleet and provides ocean transportation for dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources. Its services also include the transportation of automobiles and other finished vehicles, containerized cargo and related logistics solutions.

In addition to shipping, Mitsui O.S.K.