Inpex Co. (OTCMKTS:IPXHF) Short Interest Down 15.5% in February

Inpex Co. (OTCMKTS:IPXHF) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 2,246,900 shares, a drop of 15.5% from the January 31st total of 2,659,600 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 449.4 days.

Inpex Price Performance

IPXHF remained flat at $11.66 during trading on Wednesday. The firm’s fifty day simple moving average is $12.12 and its 200-day simple moving average is $13.18. Inpex has a 52 week low of $10.99 and a 52 week high of $17.00.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.