Short Interest in West Japan Railway (OTCMKTS:WJRYY) Drops By 60.3%

West Japan Railway (OTCMKTS:WJRYY) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 7,772 shares, a drop of 60.3% from the July 30th total of 19,588 shares. Based on an average daily volume of 19,583 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Zacks Research raised West Japan Railway from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

West Japan Railway Stock Performance

Shares of West Japan Railway stock opened at $18.57 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.10 and a debt-to-equity ratio of 1.05. The firm’s 50 day moving average is $17.97 and its two-hundred day moving average is $18.60. West Japan Railway has a 52 week low of $15.08 and a 52 week high of $23.85. The firm has a market capitalization of $8.46 billion, a P/E ratio of 11.12 and a beta of 0.13.

West Japan Railway (OTCMKTS:WJRYY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.66 billion. West Japan Railway had a return on equity of 9.36% and a net margin of 6.41%.West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. Research analysts forecast that West Japan Railway will post 1.43 EPS for the current fiscal year.

About West Japan Railway

West Japan Railway Company (OTCMKTS: WJRYY), commonly known as JR West, is one of the regional passenger railway operators formed in 1987 following the privatization of Japanese National Railways. Headquartered in Osaka, JR West manages a comprehensive rail network across western Honshu, providing vital transportation links that facilitate daily commuting, intercity travel, and regional tourism. As an American Depositary Receipt (ADR)–listed issuer, the company offers international investors access to its operations through trading on OTC markets in the United States.

JR West’s core business centers on passenger rail services, including high-speed Shinkansen lines and an extensive range of conventional rail routes.