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

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOYGet Free Report) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 29,000 shares, agrowthof367.7% from the July 15th total of 6,200 shares. Based on an average daily trading volume, of 49,000 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 49,000 shares, the days-to-cover ratio is presently 0.6 days.

Mitsui O.S.K. Lines Stock Up 0.5%

OTCMKTS MSLOY opened at $16.70 on Friday. Mitsui O.S.K. Lines has a 1-year low of $15.27 and a 1-year high of $19.23. The business has a 50 day moving average price of $16.56 and a 200 day moving average price of $17.19.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group began coverage on Mitsui O.S.K. Lines in a report on Tuesday, June 24th. They issued a “buy” rating for the company.

Check Out Our Latest Stock Analysis on Mitsui O.S.K. Lines

About Mitsui O.S.K. Lines

(Get Free Report)

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.

Further Reading

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