Short Interest in Ihi Corp (OTCMKTS:IHICY) Rises By 100.0%

Ihi Corp (OTCMKTS:IHICY) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,000 shares, an increase of 100.0% from the August 31st total of 2,500 shares. Based on an average daily trading volume, of 19,300 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 19,300 shares, the short-interest ratio is currently 0.3 days.

IHI Stock Performance

OTCMKTS:IHICY opened at $17.50 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.71 and a current ratio of 1.15. IHI has a fifty-two week low of $6.51 and a fifty-two week high of $18.66. The firm has a market cap of $18.54 billion, a PE ratio of 26.40 and a beta of 0.77. The business has a 50 day moving average price of $27.51 and a 200-day moving average price of $24.45.

IHI (OTCMKTS:IHICY) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). IHI had a return on equity of 21.69% and a net margin of 6.50%.

IHI Company Profile

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.