Oriental Land (OTCMKTS:OLCLY) Shares Shorted: Short Interest Down 97.1% in October

Oriental Land (OTCMKTS:OLCLY – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 626 shares, a decrease of 97.1% from the September 30th total of 21,448 shares. Based on an average daily trading volume, of 37,729 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Oriental Land Stock Down 1.7%

Shares of Oriental Land stock traded down $0.34 during trading on Wednesday, hitting $20.16. 2,695 shares of the stock traded hands, compared to its average volume of 82,574. The company has a current ratio of 3.77, a quick ratio of 3.62 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $19.44 and its 200 day simple moving average is $17.19. The firm has a market cap of $33.04 billion, a P/E ratio of 37.32 and a beta of 0.51. Oriental Land has a 52-week low of $12.94 and a 52-week high of $22.78.

Oriental Land (OTCMKTS:OLCLY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter. Oriental Land had a net margin of 18.75% and a return on equity of 12.35%. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. On average, equities analysts predict that Oriental Land will post 0.51 earnings per share for the current fiscal year.

About Oriental Land

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Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, which Oriental Land operates under a licensing agreement with The Walt Disney Company.

The company’s operations also include Disney-branded hotels, the Disney Resort Line monorail, resort merchandise and retail businesses, restaurants, and other guest services. These businesses are designed to support the company’s integrated resort model and serve visitors from Japan and overseas.

Oriental Land was established in 1960 and has developed the Tokyo Disney Resort into one of Japan’s leading leisure destinations.

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