Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Short Interest Up 52.3% in March

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 56,800 shares, an increase of 52.3% from the February 28th total of 37,300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 47,400 shares, the days-to-cover ratio is presently 1.2 days.

Nippon Yusen Kabushiki Kaisha Trading Down 3.2 %

Shares of OTCMKTS NPNYY traded down $0.22 during trading on Monday, hitting $6.58. 64,338 shares of the company traded hands, compared to its average volume of 21,782. The firm has a market capitalization of $15.17 billion, a P/E ratio of 4.84 and a beta of 1.19. The company has a quick ratio of 1.14, a current ratio of 1.25 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $6.84 and a 200-day moving average price of $6.72. Nippon Yusen Kabushiki Kaisha has a 1 year low of $5.10 and a 1 year high of $7.58.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its earnings results on Wednesday, February 5th. The company reported $0.38 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 18.28% and a return on equity of 15.53%.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha provides various logistics services worldwide. It operates through Liner & Logistics Business, Bulk Shipping Business, and Other Business segments. The company offers liner trading services, such as container shipping, and terminal and stevedoring services for containerships, car carriers, and cruise ships; and air cargo transportation services.