Short Interest in IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Expands By 38.2%

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 28,448 shares, an increase of 38.2% from the January 29th total of 20,578 shares. Based on an average daily volume of 208,272 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 208,272 shares, the days-to-cover ratio is currently 0.1 days.

IBC Advanced Alloys Price Performance

IAALF stock opened at $0.14 on Monday. The company has a quick ratio of 0.17, a current ratio of 0.62 and a debt-to-equity ratio of 2.78. The firm has a market cap of $16.13 million, a price-to-earnings ratio of -7.00 and a beta of 1.27. The company’s fifty day simple moving average is $0.15 and its 200 day simple moving average is $0.12. IBC Advanced Alloys has a 12-month low of $0.03 and a 12-month high of $0.19.

IBC Advanced Alloys (OTCMKTS:IAALF) last issued its quarterly earnings results on Monday, December 1st. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $4.17 million for the quarter. IBC Advanced Alloys had a negative return on equity of 67.32% and a negative net margin of 10.84%.

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.