Hitachi Constr (OTCMKTS:HTCMY) Shares Shorted: Short Interest Down 99.2% in September

Hitachi Constr (OTCMKTS:HTCMY – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1 shares, a decrease of 99.2% from the September 15th total of 128 shares. Based on an average daily volume of 31 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Hitachi Constr Stock Performance

Hitachi Constr stock remained flat at $71.14 during mid-day trading on Friday. 129 shares of the company were exchanged, compared to its average volume of 62. The stock has a market cap of $7.65 billion, a P/E ratio of 12.96 and a beta of 0.55. Hitachi Constr has a 1-year low of $55.92 and a 1-year high of $87.04. The firm’s 50 day simple moving average is $70.20 and its 200 day simple moving average is $68.51. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.71 and a quick ratio of 0.76.

Hitachi Constr (OTCMKTS:HTCMY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.65 EPS for the quarter. Hitachi Constr had a net margin of 6.31% and a return on equity of 9.54%. The firm had revenue of $2.07 billion for the quarter.

Hitachi Constr Company Profile

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Hitachi Construction Machinery Co, Ltd. is a Japan-based manufacturer of construction and mining equipment. The company develops, produces, sells and services machinery used in infrastructure development, building construction, quarrying, mining, forestry and other heavy-duty applications.

Its product portfolio includes hydraulic excavators, wheel loaders, dump trucks and other specialized equipment for construction and resource extraction. The company also provides replacement parts, equipment maintenance, remanufacturing, fleet-support programs and digital solutions intended to help customers improve productivity, safety and operating efficiency.

Hitachi Construction Machinery serves customers through sales, service and distribution operations in Japan and international markets across Asia, Oceania, Europe, Africa, North America and Latin America.

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