IHI Co. (OTCMKTS:IHICF) Short Interest Up 67.0% in February

IHI Co. (OTCMKTS:IHICF) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 1,381,200 shares, a growth of 67.0% from the February 13th total of 827,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

IHI Stock Performance

IHICF stock remained flat at $19.50 during mid-day trading on Friday. The firm’s fifty day simple moving average is $19.50 and its 200 day simple moving average is $19.50. IHI has a 52-week low of $18.47 and a 52-week 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.