Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) Sees Large Decline in Short Interest

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 6,600 shares, a drop of 81.2% from the February 13th total of 35,100 shares. Based on an average daily volume of 86,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Japan Airlines Stock Down 1.9 %

JAPSY stock traded down $0.17 during trading on Wednesday, reaching $8.70. The stock had a trading volume of 23,125 shares, compared to its average volume of 65,803. Japan Airlines has a one year low of $7.27 and a one year high of $9.70. The company’s 50 day moving average is $8.25 and its two-hundred day moving average is $8.20. The company has a quick ratio of 1.28, a current ratio of 1.34 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 11.45 and a beta of 0.64.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.31 earnings per share (EPS) for the quarter. Japan Airlines had a return on equity of 10.94% and a net margin of 5.86%. Equities research analysts forecast that Japan Airlines will post 0.8 EPS for the current year.

About Japan Airlines

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.