IHI Co. (OTCMKTS:IHICY) Short Interest Down 98.1% in January

IHI Co. (OTCMKTS:IHICY) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 100 shares, a drop of 98.1% from the December 31st total of 5,200 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.1 days.

IHI Price Performance

OTCMKTS:IHICY remained flat at $11.87 during mid-day trading on Tuesday. The stock has a 50 day simple moving average of $13.08 and a 200-day simple moving average of $11.70. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of 9.89 and a beta of 0.21. IHI has a 12 month low of $4.47 and a 12 month high of $15.76. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.82.

IHI (OTCMKTS:IHICY) last issued its earnings results on Wednesday, November 6th. The company reported $0.23 earnings per share for the quarter. The firm had revenue of $2.75 billion for the quarter. IHI had a net margin of 6.77% and a return on equity of 27.10%. As a group, analysts expect that IHI will post 1.09 EPS for the current fiscal year.

About IHI

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.