IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Sees Significant Growth in Short Interest

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 10,000 shares, a growth of 156.4% from the November 15th total of 3,900 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is presently 0.8 days.

IBC Advanced Alloys Price Performance

IBC Advanced Alloys stock remained flat at $0.06 during trading on Thursday. 124,367 shares of the company were exchanged, compared to its average volume of 37,666. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.73. IBC Advanced Alloys has a one year low of $0.03 and a one year high of $0.09. The stock has a market capitalization of $6.49 million, a PE ratio of 2.86 and a beta of 1.13. The firm has a 50-day moving average of $0.06 and a 200 day moving average of $0.05.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.