Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Short Interest Down 93.7% in May

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 122 shares, a decline of 93.7% from the April 30th total of 1,939 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,386 shares, the days-to-cover ratio is presently 0.1 days.

Hapag-Lloyd Aktiengesellschaft Stock Down 2.1%

HPGLY stock traded down $1.37 during midday trading on Thursday, reaching $63.56. The company had a trading volume of 140 shares, compared to its average volume of 917. The stock has a 50 day moving average price of $70.72 and a 200-day moving average price of $70.20. Hapag-Lloyd Aktiengesellschaft has a 1-year low of $63.56 and a 1-year high of $90.58.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

About Hapag-Lloyd Aktiengesellschaft

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.