IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Update

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 80.0% from the February 13th total of 500 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

IBC Advanced Alloys Trading Up 10.7 %

Shares of IBC Advanced Alloys stock traded up $0.01 during trading hours on Wednesday, reaching $0.06. 1,230 shares of the company’s stock were exchanged, compared to its average volume of 13,525. The firm has a market capitalization of $6.91 million, a price-to-earnings ratio of 3.04 and a beta of 1.12. The company has a current ratio of 0.81, a quick ratio of 0.33 and a debt-to-equity ratio of 1.18. The company has a fifty day moving average of $0.06 and a 200-day moving average of $0.06. IBC Advanced Alloys has a 52-week low of $0.03 and a 52-week high of $0.09.

IBC Advanced Alloys (OTCMKTS:IAALF) last announced its quarterly earnings results on Monday, March 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter. IBC Advanced Alloys had a net margin of 4.40% and a return on equity of 34.23%. The company had revenue of $3.56 million during the quarter.

IBC Advanced Alloys Company Profile

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.