Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) Sees Significant Growth in Short Interest

Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 30,000 shares, an increase of 29,900.0% from the August 15th total of 100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 300.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 300.0 days.

Idemitsu Kosan Co.,Ltd. Trading Up 10.6%

Shares of IDKOY opened at $13.67 on Friday. The stock has a fifty day moving average price of $12.98 and a two-hundred day moving average price of $12.88. Idemitsu Kosan Co.,Ltd. has a 52-week low of $10.73 and a 52-week high of $16.85.

Idemitsu Kosan Co.,Ltd. Company Profile

Idemitsu Kosan Co,Ltd. engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan and internationally. The company’s Petroleum segment engages in the procurement of crude oil and refining of petroleum products; sale of gasoline, diesel oil, kerosene, automotive lubricants, industrial kerosene, heavy oil, and aviation and marine fuel; and operation of hydrogen stations.