Oriental Land (OTCMKTS:OLCLY) Sees Significant Increase in Short Interest

Oriental Land (OTCMKTS:OLCLY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 15,935 shares, an increase of 4,414.2% from the May 31st total of 353 shares. Based on an average daily volume of 231,225 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Oriental Land to a “hold” rating in a research note on Thursday, June 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Oriental Land Trading Up 0.5%

Shares of OTCMKTS:OLCLY traded up $0.07 during midday trading on Friday, reaching $14.86. The company’s stock had a trading volume of 50,735 shares, compared to its average volume of 103,770. The firm has a market capitalization of $24.36 billion, a price-to-earnings ratio of 29.72 and a beta of 0.49. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51. The firm has a 50 day moving average price of $14.32 and a two-hundred day moving average price of $16.53. Oriental Land has a fifty-two week low of $12.94 and a fifty-two week high of $26.98.

Oriental Land (OTCMKTS:OLCLY) last released its earnings results 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 business had revenue of $1.11 billion during the quarter. As a group, analysts forecast that Oriental Land will post 0.46 earnings per share for the current year.

About Oriental Land

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.