Ihi Corp (OTCMKTS:IHICY – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 15,703 shares, an increase of 3,171.5% from the May 14th total of 480 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 198,535 shares, the short-interest ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of IHI from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on IHICY
IHI Stock Performance
IHI (OTCMKTS:IHICY – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.46 earnings per share for the quarter. The firm had revenue of $3.28 billion during the quarter.
IHI Company Profile
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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