IHI Co. (OTCMKTS:IHICF) Sees Significant Decline in Short Interest

IHI Co. (OTCMKTS:IHICF) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 827,300 shares, a decrease of 38.6% from the January 31st total of 1,347,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

IHI Price Performance

OTCMKTS IHICF remained flat at $19.50 on Friday. The business has a 50 day moving average price of $19.50 and a 200 day moving average price of $19.50. IHI has a twelve month low of $18.47 and a twelve month high of $19.50.

IHI Company Profile

IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.