Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Sees Significant Decrease in Short Interest

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decrease of 37.5% from the January 31st total of 1,600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 5.0 days.

Hitachi Construction Machinery Stock Up 1.0 %

Hitachi Construction Machinery stock traded up $0.49 during mid-day trading on Monday, hitting $51.89. 5,119 shares of the company’s stock were exchanged, compared to its average volume of 963. Hitachi Construction Machinery has a 1-year low of $40.85 and a 1-year high of $62.15. The stock has a 50 day moving average of $46.95 and a two-hundred day moving average of $46.77. The stock has a market cap of $5.52 billion, a P/E ratio of 9.52 and a beta of 0.61. The company has a current ratio of 1.63, a quick ratio of 0.75 and a debt-to-equity ratio of 0.26.

About Hitachi Construction Machinery

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.