Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Stock Short Interest Climbs 105.1%

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 90,845 shares, a growth of 105.1% from the August 31st total of 44,289 shares. Based on an average daily volume of 65,859 shares, the short-interest ratio is currently 1.4 days. Currently, 0.0% of the shares of the company are sold short.

Nippon Yusen Kabushiki Kaisha Stock Performance

OTCMKTS:NPNYY traded down $0.11 on Tuesday, hitting $9.19. The company’s stock had a trading volume of 22,316 shares, compared to its average volume of 78,750. Nippon Yusen Kabushiki Kaisha has a one year low of $6.04 and a one year high of $9.80. The firm has a market capitalization of $18.62 billion, a P/E ratio of 12.94 and a beta of 0.67. The stock has a fifty day moving average of $8.54 and a two-hundred day moving average of $7.58. The company has a current ratio of 1.06, a quick ratio of 0.95 and a debt-to-equity ratio of 0.34.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.53% and a net margin of 8.88%.The business had revenue of $4.57 billion for the quarter. Research analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current year.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based global transportation and logistics company. Founded in 1885, the company operates through a broad portfolio of maritime and logistics businesses serving customers across Asia, Europe, the Americas, Oceania, and other international markets.

NYK Line provides ocean transportation for automobiles, energy products, dry bulk commodities, liquefied natural gas, and other cargo. Its activities include vehicle transportation, bulk shipping, tanker and LNG carrier operations, container terminal services, and specialized vessel transportation.