IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Up 22.5% in January

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 161,083 shares, an increase of 22.5% from the December 31st total of 131,507 shares. Based on an average daily volume of 133,958 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 133,958 shares, the short-interest ratio is presently 1.2 days.

IBC Advanced Alloys Trading Up 4.7%

IBC Advanced Alloys stock opened at $0.15 on Thursday. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.17 and a current ratio of 0.62. IBC Advanced Alloys has a fifty-two week low of $0.03 and a fifty-two week high of $0.19. The stock has a market cap of $17.49 million, a P/E ratio of -5.06 and a beta of 1.27. The firm’s fifty day moving average price is $0.15 and its 200-day moving average price is $0.10.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings data on Monday, December 1st. The company reported ($0.01) earnings per share (EPS) for the quarter. IBC Advanced Alloys had a negative net margin of 17.02% and a negative return on equity of 95.16%. The business had revenue of $4.17 million for the quarter.

IBC Advanced Alloys Company Profile

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, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.