Ebara Co. (OTCMKTS:EBCOY) Short Interest Down 40.9% in April

Ebara Co. (OTCMKTS:EBCOYGet Rating) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,300 shares, a decline of 40.9% from the March 31st total of 2,200 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 0.7 days.

EBCOY opened at $23.75 on Friday. Ebara has a 12 month low of $20.89 and a 12 month high of $29.85. The firm’s fifty day simple moving average is $25.61 and its 200 day simple moving average is $26.40.

About Ebara (Get Rating)

Ebara Corporation manufactures and sells industrial machinery. It operates through Fluid Machinery & Systems Business, Environmental Plants Business, and Precision Machinery Business segments. The company offers large, high pressure, API, cryogenic, and standard pumps, as well as blowers and fans to water and energy facilities; centrifugal and axial compressors, steam turbines, and gas expanders to oil refining and petrochemical plants; and centrifugal chillers, absorption chillers/heaters, square-type cooling towers, and screw modular chillers.

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