JFE Holdings, Inc. (OTCMKTS:JFEEF) Short Interest Down 11.0% in October

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 2,986,000 shares, a decline of 11.0% from the September 30th total of 3,353,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 29,860.0 days.

JFE Stock Performance

Shares of OTCMKTS JFEEF opened at $13.15 on Thursday. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 7.65 and a beta of 0.81. JFE has a one year low of $13.15 and a one year high of $13.15. The business has a fifty day simple moving average of $13.82 and a 200 day simple moving average of $14.71. The company has a current ratio of 1.60, a quick ratio of 0.75 and a debt-to-equity ratio of 0.55.

JFE (OTCMKTS:JFEEF) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.27 earnings per share (EPS) for the quarter. JFE had a net margin of 3.24% and a return on equity of 6.56%. The company had revenue of $7.77 billion during the quarter.

About JFE

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.