Ihi Corp (OTCMKTS:IHICY) Short Interest Down 64.7% in July

Ihi Corp (OTCMKTS:IHICY) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 39,303 shares, a decrease of 64.7% from the July 15th total of 111,430 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 215,924 shares, the short-interest ratio is currently 0.2 days.

IHI Price Performance

OTCMKTS:IHICY traded up $0.20 during mid-day trading on Friday, reaching $18.92. 48,472 shares of the company were exchanged, compared to its average volume of 93,576. 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 stock has a market cap of $20.49 billion, a PE ratio of 18.37 and a beta of 0.65. IHI has a 12 month low of $12.79 and a 12 month high of $30.47. The company has a fifty day moving average of $17.19 and a 200 day moving average of $20.16.

IHI (OTCMKTS:IHICY) last announced its earnings results on Wednesday, August 5th. The company reported $0.32 earnings per share for the quarter. The company had revenue of $2.35 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.