Short Interest in Inpex Co. (OTCMKTS:IPXHY) Grows By 813.1%

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 76,700 shares, an increase of 813.1% from the January 31st total of 8,400 shares. Based on an average daily trading volume, of 292,600 shares, the short-interest ratio is currently 0.3 days.

Inpex Stock Performance

Shares of IPXHY traded down $0.14 on Thursday, reaching $12.36. The company’s stock had a trading volume of 95,348 shares, compared to its average volume of 164,528. Inpex has a 12-month low of $11.45 and a 12-month high of $17.42. The stock’s 50 day simple moving average is $12.42 and its two-hundred day simple moving average is $13.18. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22. The stock has a market capitalization of $15.42 billion, a P/E ratio of 5.44 and a beta of 0.93.

Inpex (OTCMKTS:IPXHY) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.74 earnings per share (EPS) for the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%. The firm had revenue of $3.40 billion during the quarter.

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.