Short Interest in Ihi Corp (OTCMKTS:IHICY) Expands By 127.9%

Ihi Corp (OTCMKTS:IHICY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 35,784 shares, an increase of 127.9% from the May 31st total of 15,703 shares. Based on an average daily volume of 273,458 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

IHI Trading Down 0.7%

IHI stock traded down $0.11 during midday trading on Monday, reaching $16.57. The stock had a trading volume of 56,842 shares, compared to its average volume of 112,244. IHI has a 52-week low of $12.79 and a 52-week high of $30.47. The company has a quick ratio of 0.81, a current ratio of 1.23 and a debt-to-equity ratio of 0.54. The firm has a market cap of $17.94 billion, a price-to-earnings ratio of 17.82 and a beta of 0.62. The company has a fifty day moving average of $17.49 and a 200 day moving average of $20.69.

IHI (OTCMKTS:IHICY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.46 EPS for the quarter. The business had revenue of $3.28 billion during the quarter.

About IHI

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.