Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Short Interest Update

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,003 shares, a growth of 722.1% from the May 14th total of 122 shares. Based on an average daily volume of 1,357 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Hapag-Lloyd Aktiengesellschaft Price Performance

Shares of OTCMKTS:HPGLY remained flat at $67.51 during trading on Thursday. The stock had a trading volume of 2,097 shares, compared to its average volume of 1,000. Hapag-Lloyd Aktiengesellschaft has a 12 month low of $63.56 and a 12 month high of $90.58. The company’s 50 day moving average is $67.62 and its 200-day moving average is $70.20.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.