IHI Co. (OTCMKTS:IHICY) Sees Significant Decrease in Short Interest

by · The Markets Daily

IHI Co. (OTCMKTS:IHICY – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decrease of 98.1% from the December 15th total of 5,200 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is presently 0.1 days.

IHI Stock Performance

Shares of OTCMKTS:IHICY traded down $2.13 on Tuesday, hitting $11.87. 551 shares of the company were exchanged, compared to its average volume of 317. The company’s 50 day moving average price is $13.56 and its two-hundred day moving average price is $11.39. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.72 and a current ratio of 1.16. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of 9.89 and a beta of 0.21. IHI has a one year low of $4.47 and a one year high of $15.76.

About IHI

(Get Free Report)

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.

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