East Japan Railway (OTCMKTS:EJPRY) Stock Short Interest Drops 80.0%

East Japan Railway (OTCMKTS:EJPRY) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 14,198 shares, a decline of 80.0% from the October 15th total of 70,820 shares. Based on an average trading volume of 117,969 shares, the days-to-cover ratio is presently 0.1 days.

East Japan Railway Price Performance

OTCMKTS:EJPRY traded up $0.07 during trading hours on Thursday, hitting $12.42. 3,406 shares of the company traded hands, compared to its average volume of 110,710. East Japan Railway has a twelve month low of $10.08 and a twelve month high of $13.59. The firm has a 50-day moving average of $11.23 and a 200 day moving average of $11.29.

East Japan Railway (OTCMKTS:EJPRY) last issued its quarterly earnings results on Friday, October 30th. The company reported $0.25 earnings per share for the quarter. The company had revenue of $5.11 billion during the quarter.

East Japan Railway Company Profile

East Japan Railway Company, also known as JR East, is a Japanese transportation and services company that operates passenger railways primarily in the eastern portion of Honshu, including the Tokyo metropolitan area, the Kanto region, Tohoku, and parts of Niigata and Nagano. Its network includes conventional lines, the Tohoku, Joetsu, and Hokuriku Shinkansen services, and other high-speed and regional rail operations. In addition to rail transportation, JR East operates related businesses in station retail, shopping centers, office and residential real estate, hotels, advertising, travel services, and other customer-focused activities.