ANA Holdings Inc. (OTCMKTS:ALNPY) Sees Significant Drop in Short Interest

ANA Holdings Inc. (OTCMKTS:ALNPY) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 4,370 shares, a decline of 46.5% from the April 15th total of 8,164 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 6,776 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ALNPY shares. Smbc Nikko Sec. raised ANA to a “hold” rating in a report on Friday, February 27th. Nomura cut ANA from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

ANA Stock Performance

Shares of ALNPY opened at $3.60 on Monday. ANA has a 52-week low of $3.30 and a 52-week high of $4.48. The business’s fifty day moving average is $3.71 and its 200-day moving average is $3.86. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 8.18 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. ANA had a return on equity of 13.79% and a net margin of 6.65%.The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.06 billion.

About ANA

All Nippon Airways Co, Ltd. (OTCMKTS: ALNPY) is a Tokyo-based airline offering passenger and cargo air transportation services. Founded in 1952, the company operates scheduled flights under its ANA brand, providing a network of domestic and international routes. In addition to core flight operations, ANA delivers ancillary services including in-flight catering, ground handling and aircraft maintenance.

ANA’s diversified business model encompasses several subsidiaries such as ANA Wings and Air Japan for regional operations, and ANA Cargo for freight services.