Short Interest in Oriental Land (OTCMKTS:OLCLY) Drops By 75.4%

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

Oriental Land Stock Up 4.8%

Oriental Land stock traded up $0.77 during mid-day trading on Friday, reaching $16.77. 30,192 shares of the company were exchanged, compared to its average volume of 46,295. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51. The firm has a market cap of $27.49 billion, a P/E ratio of 33.54 and a beta of 0.47. The business has a fifty day moving average of $14.83 and a 200 day moving average of $16.21. Oriental Land has a 12-month low of $12.94 and a 12-month high of $26.98.

Oriental Land (OTCMKTS:OLCLYGet Free Report) last announced its quarterly 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 return on equity of 11.58% and a net margin of 17.28%. Research analysts anticipate that Oriental Land will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Oriental Land to a “hold” rating in a report on Thursday, June 4th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Oriental Land

About Oriental Land

(Get Free Report)

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.

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