ANA Holdings Inc. (OTCMKTS:ALNPY) Stock Short Interest Drops 38.0%

ANA Holdings Inc. (OTCMKTS:ALNPY) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 237 shares, a decrease of 38.0% from the September 15th total of 382 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 9,312 shares, the short-interest ratio is presently 0.0 days.

ANA Price Performance

Shares of ANA stock opened at $3.62 on Friday. The stock’s 50-day simple moving average is $3.91 and its 200-day simple moving average is $3.77. ANA has a 52 week low of $3.30 and a 52 week high of $4.48. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 8.57 and a beta of 0.50. The company has a quick ratio of 1.40, a current ratio of 1.48 and a debt-to-equity ratio of 0.73.

ANA (OTCMKTS:ALNPY) last released its earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. ANA had a return on equity of 12.24% and a net margin of 6.27%. As a group, analysts expect that ANA will post 0.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Nomura upgraded shares of ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, ANA has a consensus rating of “Moderate Buy”.

About ANA

ANA Holdings Inc is a Japanese aviation group best known for operating All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation on domestic and international routes, connecting Japan with destinations across Asia, North America, Europe and other regions.

The group’s businesses also include Air Japan, an international airline serving select leisure and business markets, and Peach Aviation, a low-cost carrier focused primarily on domestic and short-haul international travel.