Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Expands By 650.0%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 15 shares, an increase of 650.0% from the June 15th total of 2 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,119 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Hapag-Lloyd Aktiengesellschaft Price Performance

OTCMKTS:HPGLY traded down $3.60 on Friday, hitting $64.33. The company’s stock had a trading volume of 515 shares, compared to its average volume of 981. Hapag-Lloyd Aktiengesellschaft has a one year low of $63.30 and a one year high of $90.58. The stock has a fifty day moving average of $66.15 and a two-hundred day moving average of $69.73.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) is a Germany-based global container shipping company offering a wide range of ocean freight and logistics services. Headquartered in Hamburg, the firm maintains a modern fleet of more than 200 container vessels, serving shippers with capacity for standard dry cargo, refrigerated goods and specialized shipments. Its core services include scheduled liner transport, chartering and equipment management for containers of various types and sizes.

The company’s integrated logistics platform extends beyond sea transport to intermodal solutions, inland trucking and rail connections, as well as sea-air services for time-sensitive shipments.