IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Sees Significant Decrease in Short Interest

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 48,970 shares, a drop of 47.6% from the August 31st total of 93,536 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 29,122 shares, the days-to-cover ratio is presently 1.7 days.

IBC Advanced Alloys Stock Performance

IBC Advanced Alloys stock traded down $0.01 during trading on Thursday, reaching $0.12. The company had a trading volume of 2,000 shares, compared to its average volume of 46,690. The firm’s 50-day simple moving average is $0.13 and its 200 day simple moving average is $0.13. The firm has a market capitalization of $14.17 million, a price-to-earnings ratio of -6.13 and a beta of 1.10. The company has a current ratio of 0.69, a quick ratio of 0.23 and a debt-to-equity ratio of 7.81. IBC Advanced Alloys has a 52 week low of $0.06 and a 52 week high of $0.19.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. is a materials and manufacturing company specializing in advanced beryllium-based alloys and engineered components. Its products are designed to combine lightweight characteristics with high strength, thermal conductivity, stiffness and dimensional stability, making them suitable for demanding industrial applications.

The company produces beryllium-aluminum alloys under its Beralcast product line, as well as copper-beryllium alloy products and related engineered materials.