HORIBA, Ltd. (OTCMKTS:HRIBF) Sees Significant Increase in Short Interest

HORIBA, Ltd. (OTCMKTS:HRIBF) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 100,300 shares, a growth of 39.7% from the August 15th total of 71,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1,003.0 days.

HORIBA Price Performance

OTCMKTS:HRIBF remained flat at $62.84 during trading hours on Monday. HORIBA has a twelve month low of $51.03 and a twelve month high of $100.67. The company has a market capitalization of $2.65 billion, a PE ratio of 11.22 and a beta of 0.22. The stock’s fifty day moving average price is $72.33 and its 200 day moving average price is $84.37. The company has a quick ratio of 2.14, a current ratio of 3.29 and a debt-to-equity ratio of 0.18.

HORIBA (OTCMKTS:HRIBF) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.93 earnings per share (EPS) for the quarter. HORIBA had a net margin of 11.49% and a return on equity of 12.45%. The firm had revenue of $464.86 million during the quarter. On average, analysts expect that HORIBA will post 5.26 earnings per share for the current year.

About HORIBA

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.