Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Expands By 722.1%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,003 shares, a growth of 722.1% from the May 14th total of 122 shares. Based on an average trading volume of 1,357 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

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Hapag-Lloyd Aktiengesellschaft Stock Performance

HPGLY opened at $67.51 on Wednesday. Hapag-Lloyd Aktiengesellschaft has a fifty-two week low of $63.56 and a fifty-two week high of $90.58. The company’s 50-day moving average is $67.65 and its 200 day moving average is $70.18.

About Hapag-Lloyd Aktiengesellschaft

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Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) is a Germany-based global container shipping company offering a wide range of ocean freight and logistics services. Headquartered in Hamburg, the firm maintains a modern fleet of more than 200 container vessels, serving shippers with capacity for standard dry cargo, refrigerated goods and specialized shipments. Its core services include scheduled liner transport, chartering and equipment management for containers of various types and sizes.

The company’s integrated logistics platform extends beyond sea transport to intermodal solutions, inland trucking and rail connections, as well as sea-air services for time-sensitive shipments.

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