Short Interest in Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) Declines By 81.1%

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 3,912 shares, a decline of 81.1% from the May 14th total of 20,656 shares. Based on an average trading volume of 107,017 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Mitsui O.S.K. Lines to a “hold” rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Mitsui O.S.K. Lines Stock Up 1.3%

OTCMKTS:MSLOY traded up $0.23 during trading hours on Thursday, reaching $17.88. The company had a trading volume of 77,837 shares, compared to its average volume of 38,981. The stock has a 50-day moving average of $18.83 and a two-hundred day moving average of $17.35. Mitsui O.S.K. Lines has a one year low of $13.71 and a one year high of $22.59. The firm has a market capitalization of $12.98 billion and a PE ratio of 0.17.

Mitsui O.S.K. Lines Company Profile

Mitsui O.S.K. Lines, Ltd. (MOL) is a leading global shipping company headquartered in Tokyo, Japan. Specializing in maritime transportation, MOL operates a diverse fleet that includes container ships, bulk carriers, oil tankers, LNG carriers and car carriers. The company also deploys specialized vessels for chemicals and liquefied gas, serving a wide range of industries such as energy, automotive and retail.

Beyond core shipping services, MOL provides integrated logistics solutions encompassing terminal operations, port services and inland distribution.