Oriental Land (OTCMKTS:OLCLY) Short Interest Down 99.1% in May

Oriental Land (OTCMKTS:OLCLY) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 353 shares, a decline of 99.1% from the May 14th total of 40,178 shares. Based on an average daily trading volume, of 299,860 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Oriental Land Price Performance

Shares of OTCMKTS:OLCLY opened at $13.72 on Wednesday. The company’s fifty day moving average price is $14.92 and its 200-day moving average price is $16.95. The firm has a market capitalization of $22.49 billion, a price-to-earnings ratio of 27.44 and a beta of 0.49. Oriental Land has a one year low of $12.94 and a one year high of $26.98. The company has a debt-to-equity ratio of 0.28, a current ratio of 3.51 and a quick ratio of 3.37.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $1.11 billion during the quarter. Oriental Land had a net margin of 17.28% and a return on equity of 11.58%. On average, equities research analysts anticipate that Oriental Land will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research raised 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, Oriental Land currently has a consensus rating of “Hold”.

Oriental Land Company Profile

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.