Short Interest in Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Grows By 1,400.0%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the August 31st total of 100 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3.8 days.

Hitachi Construction Machinery Stock Performance

Shares of Hitachi Construction Machinery stock remained flat at $48.34 on Wednesday. The stock had a trading volume of 9 shares, compared to its average volume of 331. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 0.22. The firm’s 50 day moving average is $49.14 and its 200-day moving average is $54.10. Hitachi Construction Machinery has a one year low of $40.85 and a one year high of $62.15.

Hitachi Construction Machinery (OTCMKTS:HTCMY) last released its quarterly earnings data on Friday, July 26th. The company reported $1.48 earnings per share for the quarter. Hitachi Construction Machinery had a net margin of 6.10% and a return on equity of 10.72%. The company had revenue of $2.11 billion for the quarter. Equities research analysts predict that Hitachi Construction Machinery will post 6.4 earnings per share for the current fiscal year.

Hitachi Construction Machinery Company Profile

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.