Oriental Land (OTCMKTS:OLCLY) Short Interest Update

Oriental Land (OTCMKTS:OLCLY) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 101,980 shares, an increase of 540.0% from the June 15th total of 15,935 shares. Based on an average daily trading volume, of 194,759 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

Oriental Land Trading Up 3.7%

OLCLY stock traded up $0.58 during trading on Friday, hitting $16.14. The company had a trading volume of 45,719 shares, compared to its average volume of 74,658. The firm has a market capitalization of $26.46 billion, a P/E ratio of 32.28 and a beta of 0.47. Oriental Land has a 52-week low of $12.94 and a 52-week high of $26.98. The company has a 50 day simple moving average of $14.31 and a 200-day simple moving average of $16.33. The company has a quick ratio of 3.37, a current ratio of 3.51 and a debt-to-equity ratio of 0.28.

Oriental Land (OTCMKTS:OLCLY) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $1.11 billion during the quarter. Oriental Land had a net margin of 17.28% and a return on equity of 11.58%. As a group, research analysts forecast that Oriental Land will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Oriental Land to a “hold” rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Oriental Land Company Profile

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.