Inpex Co. (OTCMKTS:IPXHY) Sees Significant Increase in Short Interest

Inpex Co. (OTCMKTS:IPXHY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 52,500 shares, a growth of 264.6% from the November 30th total of 14,400 shares. Based on an average daily volume of 205,200 shares, the short-interest ratio is presently 0.3 days.

Inpex Trading Up 0.1 %

Shares of OTCMKTS:IPXHY traded up $0.01 during mid-day trading on Thursday, hitting $12.59. The stock had a trading volume of 229,903 shares, compared to its average volume of 90,666. Inpex has a 12-month low of $11.90 and a 12-month high of $17.42. The company has a market cap of $15.71 billion, a PE ratio of 6.23 and a beta of 0.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. The company’s 50 day moving average is $12.99 and its 200-day moving average is $13.94.

About Inpex

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.