Short Interest in Oriental Land (OTCMKTS:OLCLY) Declines By 99.1%

Oriental Land (OTCMKTS:OLCLY) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 353 shares, a decrease of 99.1% from the May 14th total of 40,178 shares. Based on an average daily volume of 299,860 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Oriental Land Stock Performance

Shares of OTCMKTS OLCLY traded up $0.25 during midday trading on Thursday, hitting $14.40. 104,942 shares of the company’s stock were exchanged, compared to its average volume of 127,076. The company’s 50 day moving average price is $14.87 and its 200 day moving average price is $16.92. The firm has a market capitalization of $23.61 billion, a PE ratio of 28.80 and a beta of 0.49. Oriental Land has a 12 month low of $12.94 and a 12 month high of $26.98. 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 issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 EPS for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The firm had revenue of $1.11 billion for the quarter. As a group, analysts predict that Oriental Land will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Oriental Land to a “hold” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, 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.