Ihi Corp (OTCMKTS:IHICY) Sees Significant Increase in Short Interest

Ihi Corp (OTCMKTS:IHICY) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 111,430 shares, an increase of 151.4% from the June 30th total of 44,331 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 224,431 shares, the days-to-cover ratio is currently 0.5 days.

IHI Price Performance

Shares of OTCMKTS IHICY opened at $17.18 on Tuesday. IHI has a twelve month low of $12.79 and a twelve month high of $30.47. The company has a current ratio of 1.23, a quick ratio of 0.81 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $18.60 billion, a price-to-earnings ratio of 18.47 and a beta of 0.64. The business has a 50 day simple moving average of $16.94 and a 200-day simple moving average of $20.55.

IHI (OTCMKTS:IHICY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $3.28 billion for the quarter.

IHI Company Profile

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.