Oriental Land (OTCMKTS:OLCLY) Short Interest Down 75.4% in July

Oriental Land (OTCMKTS:OLCLY) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 25,066 shares, a decline of 75.4% from the June 30th total of 101,980 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 94,068 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Oriental Land to a “hold” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Oriental Land Trading Up 2.5%

Shares of OLCLY traded up $0.42 during trading hours on Monday, hitting $17.19. 9,790 shares of the stock were exchanged, compared to its average volume of 113,208. Oriental Land has a fifty-two week low of $12.94 and a fifty-two week 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. The business has a 50-day moving average of $14.83 and a 200-day moving average of $16.20. The firm has a market capitalization of $28.19 billion, a P/E ratio of 34.38 and a beta of 0.47.

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

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.