Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Declines By 97.8%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLYGet Free Report) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 97.8% from the October 15th total of 4,600 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. began coverage on shares of Hapag-Lloyd Aktiengesellschaft in a research report on Tuesday, September 10th. They set an “underweight” rating for the company.

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Hapag-Lloyd Aktiengesellschaft Stock Down 2.4 %

OTCMKTS HPGLY opened at $83.16 on Wednesday. The company has a fifty day simple moving average of $83.38 and a two-hundred day simple moving average of $86.03. Hapag-Lloyd Aktiengesellschaft has a 12-month low of $56.27 and a 12-month high of $102.49.

Hapag-Lloyd Aktiengesellschaft Company Profile

(Get Free Report)

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.

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