Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Short Interest Up 700.0% in December

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 800 shares, a growth of 700.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 1.3 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. started coverage on Hapag-Lloyd Aktiengesellschaft in a research note on Tuesday, September 10th. They set an “underweight” rating for the company.

Hapag-Lloyd Aktiengesellschaft Trading Up 4.6 %

Shares of OTCMKTS HPGLY traded up $3.61 during mid-day trading on Thursday, hitting $82.36. 236 shares of the company traded hands, compared to its average volume of 1,738. Hapag-Lloyd Aktiengesellschaft has a 1 year low of $62.00 and a 1 year high of $102.49. The business has a 50 day moving average of $84.24 and a two-hundred day moving average of $84.50.

About Hapag-Lloyd Aktiengesellschaft

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.