Inpex Co. (OTCMKTS:IPXHF) Sees Large Decline in Short Interest

Inpex Co. (OTCMKTS:IPXHFGet Free Report) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 569,800 shares, a drop of 11.4% from the January 31st total of 643,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 5,698.0 days.

Inpex Stock Performance

OTCMKTS:IPXHF opened at $12.77 on Tuesday. Inpex has a 12-month low of $9.70 and a 12-month high of $15.54. The stock’s fifty day simple moving average is $13.62 and its 200-day simple moving average is $13.74.

About Inpex

(Get Free Report)

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.

Recommended Stories

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