Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Significant Growth in Short Interest

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the recipient of a significant increase in short interest in 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 shares of the stock are sold short. Based on an average daily trading volume, of 47,400 shares, the short-interest ratio is currently 1.2 days.

Nippon Yusen Kabushiki Kaisha Price Performance

NPNYY traded down $0.22 on Tuesday, hitting $6.58. 64,338 shares of the company were exchanged, compared to its average volume of 21,764. Nippon Yusen Kabushiki Kaisha has a fifty-two week low of $5.10 and a fifty-two week high of $7.58. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.14 and a current ratio of 1.25. The firm has a market capitalization of $15.17 billion, a P/E ratio of 4.84 and a beta of 1.19. The business’s fifty day moving average is $6.85 and its 200 day moving average is $6.72.

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

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.