Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Grows By 650.0%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 15 shares, a growth of 650.0% from the June 15th total of 2 shares. Based on an average daily volume of 1,119 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Hapag-Lloyd Aktiengesellschaft Stock Performance

Shares of HPGLY stock traded down $3.60 on Friday, hitting $64.33. The stock had a trading volume of 515 shares, compared to its average volume of 981. Hapag-Lloyd Aktiengesellschaft has a one year low of $63.30 and a one year high of $90.58. The business has a 50 day moving average price of $66.15 and a 200 day moving average price of $69.73.

Analyst Upgrades and Downgrades

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

Hapag-Lloyd Aktiengesellschaft Company Profile

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.