IHI Co. (OTCMKTS:IHICF) Sees Large Growth in Short Interest

IHI Co. (OTCMKTS:IHICF) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totalling 920,400 shares, an increase of 18.0% from the July 15th total of 779,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

IHI Price Performance

Shares of IHI stock remained flat at $19.50 during trading on Friday. IHI has a one year low of $18.47 and a one year high of $19.50. The stock’s 50 day moving average price is $19.50 and its two-hundred day moving average price is $19.50.

About IHI

IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.