Ihi Corp (OTCMKTS:IHICY – Get Free Report) was the recipient of 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 224,431 shares, the days-to-cover ratio is currently 0.5 days.
IHI Price Performance
Shares of OTCMKTS IHICY traded down $0.08 during mid-day trading on Wednesday, reaching $16.84. 75,458 shares of the company were exchanged, compared to its average volume of 113,206. IHI has a 52 week low of $12.79 and a 52 week high of $30.47. The company’s 50 day moving average price is $16.96 and its 200 day moving average price is $20.53. The stock has a market capitalization of $18.23 billion, a PE ratio of 18.11 and a beta of 0.64. The company has a quick ratio of 0.81, a current ratio of 1.23 and a debt-to-equity ratio of 0.54.
IHI (OTCMKTS:IHICY – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.46 EPS for the quarter. The firm had revenue of $3.28 billion during 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.
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