East Japan Railway (OTCMKTS:EJPRY) Short Interest Down 70.7% in February

East Japan Railway (OTCMKTS:EJPRY) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 9,367 shares, a decline of 70.7% from the February 12th total of 31,990 shares. Based on an average daily volume of 164,222 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 164,222 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Smbc Nikko Sec. raised shares of East Japan Railway to a “hold” rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, East Japan Railway has an average rating of “Buy”.

East Japan Railway Stock Performance

OTCMKTS:EJPRY remained flat at $11.91 during mid-day trading on Wednesday. The company had a trading volume of 24,852 shares, compared to its average volume of 79,032. The stock’s fifty day moving average price is $12.52 and its 200-day moving average price is $12.46. East Japan Railway has a 1-year low of $9.74 and a 1-year high of $13.59.

East Japan Railway (OTCMKTS:EJPRY) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.22 EPS for the quarter. The firm had revenue of $5.04 billion during 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.