West Japan Railway (OTCMKTS:WJRYY) Sees Large Increase in Short Interest

West Japan Railway (OTCMKTS:WJRYY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 76,008 shares, a growth of 8,636.6% from the June 15th total of 870 shares. Based on an average daily trading volume, of 307,542 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

West Japan Railway Stock Performance

WJRYY traded up $0.01 during trading on Friday, hitting $17.85. The stock had a trading volume of 32,852 shares, compared to its average volume of 117,806. The firm has a market cap of $8.13 billion, a PE ratio of 9.65 and a beta of 0.14. West Japan Railway has a 12 month low of $15.08 and a 12 month high of $24.85. The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 1.05. The company has a 50 day simple moving average of $16.75 and a 200-day simple moving average of $19.04.

About West Japan Railway

West Japan Railway Company (OTCMKTS: WJRYY), commonly known as JR West, is one of the regional passenger railway operators formed in 1987 following the privatization of Japanese National Railways. Headquartered in Osaka, JR West manages a comprehensive rail network across western Honshu, providing vital transportation links that facilitate daily commuting, intercity travel, and regional tourism. As an American Depositary Receipt (ADR)–listed issuer, the company offers international investors access to its operations through trading on OTC markets in the United States.

JR West’s core business centers on passenger rail services, including high-speed Shinkansen lines and an extensive range of conventional rail routes.