Oriental Land Co., Ltd. (OTCMKTS:OLCLY) Sees Significant Increase in Short Interest

Oriental Land Co., Ltd. (OTCMKTS:OLCLY) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 31,600 shares, a growth of 618.2% from the March 15th total of 4,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 142,200 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Oriental Land to a “hold” rating in a report on Tuesday, March 25th.

Oriental Land Stock Up 0.1 %

OTCMKTS:OLCLY opened at $21.77 on Tuesday. Oriental Land has a twelve month low of $18.37 and a twelve month high of $30.89. The stock has a fifty day simple moving average of $20.78 and a 200-day simple moving average of $22.21. The company has a market cap of $39.20 billion, a price-to-earnings ratio of 46.32 and a beta of 0.61. The company has a current ratio of 2.20, a quick ratio of 2.07 and a debt-to-equity ratio of 0.23.

Oriental Land (OTCMKTS:OLCLY) last announced its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter. Oriental Land had a net margin of 17.63% and a return on equity of 12.00%. Analysts anticipate that Oriental Land will post 0.47 EPS for the current year.

About Oriental Land

Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel, as well as Tokyo Disney Resort Toy Story Hotel.