The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Shares Shorted: Short Interest Up 151.9% in October

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 393 shares, a growth of 151.9% from the September 30th total of 156 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 99 shares, the days-to-cover ratio is presently 4.0 days.

Japan Steel Works Stock Performance

Japan Steel Works stock traded down $1.87 during midday trading on Friday, reaching $18.84. The stock had a trading volume of 23 shares, compared to its average volume of 47. The firm has a market capitalization of $2.80 billion, a PE ratio of 20.70 and a beta of 0.41. Japan Steel Works has a 12 month low of $18.84 and a 12 month high of $40.40. The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The firm’s 50-day moving average price is $22.66 and its 200 day moving average price is $26.44.

Japan Steel Works Company Profile

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The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) is a Japanese industrial manufacturer that produces advanced materials, machinery and equipment for customers in a range of industries. Despite its name, the company’s operations extend beyond conventional steelmaking and include large steel castings and forgings, specialized metal products, and industrial machinery.

The company’s products and services include equipment for plastics processing, such as injection molding machines and related systems, as well as machinery used in energy, infrastructure, transportation and other industrial applications.

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