Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Short Interest Down 96.7% in May

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 730 shares, a drop of 96.7% from the April 30th total of 22,394 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 189,053 shares, the days-to-cover ratio is presently 0.0 days.

Nippon Yusen Kabushiki Kaisha Stock Down 1.2%

OTCMKTS:NPNYY traded down $0.08 on Wednesday, reaching $6.50. 110,518 shares of the stock traded hands, compared to its average volume of 90,844. The company has a market capitalization of $13.29 billion, a price-to-earnings ratio of 9.70 and a beta of 0.82. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.30. Nippon Yusen Kabushiki Kaisha has a 12 month low of $6.05 and a 12 month high of $8.01. The company’s fifty day simple moving average is $7.32 and its 200 day simple moving average is $6.81.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.07 earnings per share for the quarter. The business had revenue of $3.90 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.69%.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world’s oldest and largest shipping companies, tracing its roots back to 1885 when it was established in Tokyo, Japan. Over more than a century of operations, the company has grown from a modest coastal carrier into a global maritime and logistics provider. NYK is a core member of the Mitsubishi keiretsu and plays a prominent role in international trade by connecting major ports across Asia, Europe, the Americas and beyond.

The company’s principal business activities encompass sea, land and air logistics.