Ihi Corp (OTCMKTS:IHICY) Short Interest Update

Ihi Corp (OTCMKTS:IHICY) was the recipient of a significant increase in short interest in the month of 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 224,431 shares, the days-to-cover ratio is currently 0.5 days.

IHI Stock Performance

Shares of OTCMKTS IHICY opened at $17.18 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.23 and a debt-to-equity ratio of 0.54. The firm’s 50-day moving average price is $16.94 and its two-hundred day moving average price is $20.55. IHI has a 52-week low of $12.79 and a 52-week high of $30.47. The stock has a market capitalization of $18.60 billion, a P/E ratio of 18.47 and a beta of 0.64.

IHI (OTCMKTS:IHICY) last posted its earnings results on Thursday, May 14th. The company reported $0.46 EPS for the quarter. The company had revenue of $3.28 billion for the quarter.

About IHI

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.