IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Update

IBC Advanced Alloys Corp. (OTCMKTS:IAALFGet Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 59,621 shares, a drop of 71.4% from the April 30th total of 208,791 shares. Based on an average trading volume of 14,686 shares, the short-interest ratio is currently 4.1 days. Approximately 0.1% of the company’s stock are sold short.

IBC Advanced Alloys Trading Down 5.1%

Shares of OTCMKTS:IAALF opened at $0.14 on Friday. IBC Advanced Alloys has a 12 month low of $0.03 and a 12 month high of $0.19. The company has a quick ratio of 0.21, a current ratio of 0.65 and a debt-to-equity ratio of 4.13. The company’s fifty day simple moving average is $0.14 and its 200 day simple moving average is $0.14. The firm has a market cap of $15.79 million, a price-to-earnings ratio of -6.85 and a beta of 1.16.

IBC Advanced Alloys Company Profile

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IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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