Short Interest in Oriental Land (OTCMKTS:OLCLY) Drops By 75.4%

Oriental Land (OTCMKTS:OLCLY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 25,066 shares, a decrease of 75.4% from the June 30th total of 101,980 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 94,068 shares, the days-to-cover ratio is currently 0.3 days.

Oriental Land Stock Up 4.8%

Shares of OLCLY traded up $0.77 during midday trading on Friday, hitting $16.77. 30,192 shares of the company’s stock traded hands, compared to its average volume of 46,295. Oriental Land has a 1 year low of $12.94 and a 1 year high of $26.98. The firm’s fifty day moving average is $14.83 and its 200-day moving average is $16.21. The company has a current ratio of 3.51, a quick ratio of 3.37 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $27.49 billion, a price-to-earnings ratio of 33.54 and a beta of 0.47.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 earnings per share for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The firm had revenue of $1.11 billion during the quarter. As a group, sell-side analysts anticipate that Oriental Land will post 0.46 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Oriental Land to a “hold” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

About Oriental Land

Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.

Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.