Short Interest in Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Decreases By 90.9%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 90.9% from the February 28th total of 1,100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Hitachi Construction Machinery Stock Performance

HTCMY remained flat at $54.48 during trading hours on Thursday. 40 shares of the company traded hands, compared to its average volume of 911. Hitachi Construction Machinery has a 12 month low of $40.85 and a 12 month high of $62.15. The firm has a market cap of $5.79 billion, a PE ratio of 10.00 and a beta of 0.58. The firm has a 50 day moving average of $50.37 and a 200-day moving average of $47.40. The company has a current ratio of 1.63, a quick ratio of 0.75 and a debt-to-equity ratio of 0.26.

Hitachi Construction Machinery Company Profile

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.