IHI Co. (OTCMKTS:IHICF) Short Interest Down 32.9% in March

IHI Co. (OTCMKTS:IHICF) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 927,100 shares, a drop of 32.9% from the February 28th total of 1,381,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

IHI Stock Performance

Shares of OTCMKTS IHICF remained flat at $19.50 during trading on Monday. The company’s 50-day simple moving average is $19.50 and its 200 day simple moving average is $19.50. IHI has a 1 year low of $18.47 and a 1 year high of $19.50.

About IHI

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.