Short Interest in IHI Co. (OTCMKTS:IHICY) Declines By 98.1%

IHI Co. (OTCMKTS:IHICYGet Free Report) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 98.1% from the December 31st total of 5,200 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 0.1 days.

IHI Stock Performance

Shares of OTCMKTS IHICY opened at $14.00 on Wednesday. The stock’s fifty day simple moving average is $13.02 and its 200 day simple moving average is $11.79. The stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of 11.67 and a beta of 0.21. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.82. IHI has a 52-week low of $4.47 and a 52-week high of $15.76.

IHI (OTCMKTS:IHICYGet Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.23 earnings per share for the quarter. IHI had a return on equity of 27.10% and a net margin of 6.77%. The firm had revenue of $2.75 billion for the quarter. As a group, sell-side analysts forecast that IHI will post 1.09 earnings per share for the current fiscal year.

IHI Company Profile

(Get Free Report)

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.

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