Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY – Get Free Report) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 800 shares, a growth of 700.0% from the November 30th total of 100 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1.3 days.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. started coverage on shares of Hapag-Lloyd Aktiengesellschaft in a research note on Tuesday, September 10th. They set an “underweight” rating on the stock.
Read Our Latest Analysis on HPGLY
Hapag-Lloyd Aktiengesellschaft Stock Down 5.1 %
About Hapag-Lloyd Aktiengesellschaft
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.
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