Short Interest in Inpex Co. (OTCMKTS:IPXHY) Increases By 152.9%

Inpex Co. (OTCMKTS:IPXHY) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 98,900 shares, a growth of 152.9% from the August 31st total of 39,100 shares. Based on an average daily volume of 341,100 shares, the days-to-cover ratio is currently 0.3 days.

Inpex Stock Performance

Inpex stock traded down $0.01 during trading hours on Thursday, hitting $13.56. The company had a trading volume of 195,821 shares, compared to its average volume of 78,925. The firm has a 50-day moving average of $14.25 and a 200 day moving average of $14.88. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.44 and a quick ratio of 1.33. The firm has a market cap of $17.06 billion, a PE ratio of 7.34 and a beta of 0.97. Inpex has a one year low of $12.45 and a one year high of $17.42.

Inpex (OTCMKTS:IPXHY) last announced its earnings results on Thursday, August 8th. The company reported $0.46 earnings per share for the quarter. The company had revenue of $3.81 billion for the quarter. Inpex had a return on equity of 8.69% and a net margin of 14.41%.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.