IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Down 60.2% in May

IBC Advanced Alloys Corp. (OTCMKTS:IAALF – Get Rating) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 30,200 shares, a decline of 60.2% from the April 30th total of 75,900 shares. Based on an average trading volume of 84,400 shares, the short-interest ratio is currently 0.4 days.

OTCMKTS:IAALF traded up $0.03 on Friday, reaching $0.23. The stock had a trading volume of 222,570 shares, compared to its average volume of 66,556. The company has a market capitalization of $19.28 million, a P/E ratio of -19.77 and a beta of 0.34. IBC Advanced Alloys has a 1-year low of $0.13 and a 1-year high of $0.25. The company has a quick ratio of 0.31, a current ratio of 0.84 and a debt-to-equity ratio of 0.41. The stock has a fifty day moving average price of $0.19 and a 200-day moving average price of $0.16.

IBC Advanced Alloys Company Profile (Get Rating)

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, including beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, bars, and rings, as well as specialty copper alloy forgings for industrial welding, oil and gas, plastic mold, metal melting, marine defense, electronic, and industrial equipment markets.

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