ANA Holdings Inc. (OTCMKTS:ALNPY) Stock Short Interest Jumps 340.5%

ANA Holdings Inc. (OTCMKTS:ALNPY – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,044 shares, an increase of 340.5% from the September 30th total of 237 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,126 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Nomura raised ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Read Our Latest Report on ANA

ANA Stock Performance

Shares of OTCMKTS ALNPY opened at $3.83 on Thursday. The company has a market cap of $8.93 billion, a P/E ratio of 9.34 and a beta of 0.50. ANA has a 52-week low of $3.30 and a 52-week high of $4.48. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.40 and a current ratio of 1.48. The firm’s fifty day moving average is $3.89 and its two-hundred day moving average is $3.82.

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

About ANA

(Get Free Report)

ANA Holdings, Inc is a Japanese transportation and travel-services group best known for All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation, as well as related services such as airport operations, aircraft maintenance and travel arrangements.

ANA operates an extensive domestic network in Japan and serves international destinations across Asia, North America, Europe and other regions. The group also includes aviation businesses serving different customer segments, including Peach Aviation, a low-cost carrier, and AirJapan, an international airline brand.

Further Reading

Receive News & Ratings for ANA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANA and related companies with MarketBeat.com's FREE daily email newsletter.