Short Interest in Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Declines By 97.8%

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 97.8% from the October 15th total of 4,600 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. started coverage on shares of Hapag-Lloyd Aktiengesellschaft in a research report on Tuesday, September 10th. They issued an “underweight” rating for the company.

Hapag-Lloyd Aktiengesellschaft Stock Down 2.4 %

Shares of HPGLY opened at $83.16 on Wednesday. Hapag-Lloyd Aktiengesellschaft has a fifty-two week low of $56.27 and a fifty-two week high of $102.49. The company has a 50 day moving average price of $83.38 and a 200-day moving average price of $86.03.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.