Inpex Co. (OTCMKTS:IPXHF) Sees Large Increase in Short Interest

Inpex Co. (OTCMKTS:IPXHF) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 3,933,200 shares, a growth of 31.3% from the July 31st total of 2,995,000 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 13,110.7 days. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 13,110.7 days.

Inpex Stock Performance

Shares of IPXHF stock opened at $15.54 on Thursday. Inpex has a twelve month low of $10.72 and a twelve month high of $17.00. The stock has a fifty day simple moving average of $14.53 and a two-hundred day simple moving average of $13.46.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.