Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Sees Significant Drop in Short Interest

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 10,000 shares, a drop of 47.4% from the February 28th total of 19,000 shares. Based on an average daily volume of 40,100 shares, the days-to-cover ratio is presently 0.2 days.

Mitsui O.S.K. Lines Stock Performance

Shares of MSLOY traded down $0.32 during mid-day trading on Friday, reaching $17.81. 19,761 shares of the company’s stock traded hands, compared to its average volume of 19,696. The business’s 50-day moving average price is $17.87 and its 200-day moving average price is $17.31. Mitsui O.S.K. Lines has a 12 month low of $14.12 and a 12 month high of $19.23.

About Mitsui O.S.K. Lines

Mitsui O.S.K. Lines, Ltd. engages in the marine transportation business in Japan and internationally. The company operates through Dry Bulk Business, Energy and Offshore Business, Product Transport Business, and Associated Businesses segments. The Dry Bulk Business segment owns and operates specialized vessels for various cargo types; and bulk carriers for cargo, such as iron ore, coal, grains, wood, wood chips, cement, fertilizers, salt, and steel products.