East Japan Railway (OTCMKTS:EJPRY) Sees Large Increase in Short Interest

East Japan Railway (OTCMKTS:EJPRY) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 162,548 shares, an increase of 148.8% from the December 31st total of 65,323 shares. Based on an average daily volume of 81,697 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 81,697 shares, the days-to-cover ratio is presently 2.0 days.

East Japan Railway Price Performance

East Japan Railway stock traded up $0.15 during mid-day trading on Thursday, reaching $12.54. 27,767 shares of the company’s stock were exchanged, compared to its average volume of 52,090. East Japan Railway has a twelve month low of $8.46 and a twelve month high of $13.59. The company has a fifty day moving average of $12.88 and a 200-day moving average of $12.26.

East Japan Railway (OTCMKTS:EJPRY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.22 earnings per share for the quarter. The company had revenue of $5.07 billion for the quarter.

East Japan Railway Company Profile

East Japan Railway Company (OTCMKTS:EJPRY) is a leading passenger railway operator in Japan, providing commuter, regional and high-speed rail services primarily across the country’s eastern corridor. Best known for its extensive network in the Tokyo metropolitan area, the company operates conventional lines as well as several Shinkansen bullet train routes, connecting the capital with prefectures to the north and northeast. Through its integrated timetable and ticketing systems, East Japan Railway delivers reliable transport solutions for daily commuters, business travelers and domestic tourists.

In addition to rail operations, the company oversees a diversified portfolio of transportation services, including intercity and long-distance bus routes, as well as regional ferry connections in coastal areas.