Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) Stock Short Interest Declines 88.2%

Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 851 shares, a decline of 88.2% from the August 31st total of 7,227 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,862 shares, the short-interest ratio is presently 0.1 days.

Idemitsu Kosan Co.,Ltd. Price Performance

IDKOY traded down $0.84 during trading on Friday, hitting $20.07. 525 shares of the company’s stock were exchanged, compared to its average volume of 2,564. The stock has a 50 day moving average price of $17.98 and a 200 day moving average price of $17.69. Idemitsu Kosan Co.,Ltd. has a 1 year low of $12.85 and a 1 year high of $22.79.

About Idemitsu Kosan Co.,Ltd.

Idemitsu Kosan Co, Ltd. is a Japan-based energy and materials company engaged primarily in the petroleum, petrochemical and functional materials industries. The company refines and markets petroleum products, including gasoline, diesel fuel, kerosene, lubricants and other industrial fuels, serving retail, commercial and industrial customers.

Idemitsu Kosan also produces and sells petrochemical products and advanced materials used in areas such as electronics, mobility and manufacturing.