JFE Holdings, Inc. (OTCMKTS:JFEEF) Short Interest Up 11.7% in March

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 474,400 shares, an increase of 11.7% from the March 15th total of 424,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

JFE Price Performance

Shares of JFEEF remained flat at $17.16 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.66 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average of $16.04 and a two-hundred day moving average of $15.32. JFE has a 12 month low of $12.21 and a 12 month high of $17.16.

JFE (OTCMKTS:JFEEF) last issued its earnings results on Tuesday, February 6th. The company reported $0.54 EPS for the quarter. JFE had a net margin of 3.44% and a return on equity of 7.67%. The firm had revenue of $8.73 billion during the quarter. As a group, equities research analysts expect that JFE will post 2.09 EPS for the current year.

About JFE

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.