Inpex Co. (OTCMKTS:IPXHF) Short Interest Down 44.2% in March

Inpex Co. (OTCMKTS:IPXHF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,331,700 shares, a decrease of 44.2% from the February 28th total of 2,388,500 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 783.4 days.

Inpex Price Performance

Inpex stock remained flat at $15.69 during mid-day trading on Friday. The firm’s fifty day simple moving average is $12.90 and its 200 day simple moving average is $13.03. Inpex has a 1-year low of $10.99 and a 1-year high of $17.00.

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.