East Japan Railway (OTCMKTS:EJPRY) Shares Shorted: Short Interest Down 80.0% in October

East Japan Railway (OTCMKTS:EJPRY) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 14,198 shares, a decline of 80.0% from the October 15th total of 70,820 shares. Based on an average daily trading volume, of 117,969 shares, the days-to-cover ratio is currently 0.1 days.

East Japan Railway Stock Performance

EJPRY stock opened at $12.45 on Friday. East Japan Railway has a one year low of $10.08 and a one year high of $13.59. The firm’s fifty day moving average is $11.26 and its 200 day moving average is $11.29.

East Japan Railway (OTCMKTS:EJPRY) last announced its earnings results on Friday, October 30th. The company reported $0.25 earnings per share for the quarter. The business had revenue of $5.11 billion for the quarter.

About East Japan Railway

East Japan Railway Company, also known as JR East, is a Japanese transportation and services company that operates passenger railways primarily in the eastern portion of Honshu, including the Tokyo metropolitan area, the Kanto region, Tohoku, and parts of Niigata and Nagano. Its network includes conventional lines, the Tohoku, Joetsu, and Hokuriku Shinkansen services, and other high-speed and regional rail operations. In addition to rail transportation, JR East operates related businesses in station retail, shopping centers, office and residential real estate, hotels, advertising, travel services, and other customer-focused activities.