Short Interest in Ihi Corp (OTCMKTS:IHICY) Increases By 3,171.5%

Ihi Corp (OTCMKTS:IHICYGet 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

OTCMKTS:IHICY opened at $15.20 on Wednesday. The firm has a 50 day simple moving average of $18.57 and a 200-day simple moving average of $20.83. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.17 and a quick ratio of 0.74. The firm has a market cap of $16.46 billion, a PE ratio of 16.34 and a beta of 0.62. IHI has a 1-year low of $12.79 and a 1-year high of $30.47.

IHI (OTCMKTS:IHICYGet 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

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for IHI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IHI and related companies with MarketBeat.com's FREE daily email newsletter.