IHI Co. (OTCMKTS:IHICY) Short Interest Up 23.8% in December

IHI Co. (OTCMKTS:IHICY) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 5,200 shares, an increase of 23.8% from the November 30th total of 4,200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 5.2 days.

IHI Price Performance

Shares of OTCMKTS:IHICY remained flat at $12.09 during trading on Tuesday. 28 shares of the stock were exchanged, compared to its average volume of 2,000. The firm has a market cap of $7.48 billion, a PE ratio of 10.08 and a beta of 0.19. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.82. IHI has a twelve month low of $4.47 and a twelve month high of $15.76. The firm’s fifty day moving average is $13.46 and its two-hundred day moving average is $10.87.

About IHI

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.