Short Interest in Inpex Corp. (OTCMKTS:IPXHY) Expands By 36.3%

Inpex Corp. (OTCMKTS:IPXHY) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 111,313 shares, a growth of 36.3% from the November 30th total of 81,695 shares. Based on an average daily volume of 94,851 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 94,851 shares, the short-interest ratio is currently 1.2 days.

Inpex Trading Up 0.1%

Shares of Inpex stock traded up $0.03 during midday trading on Tuesday, reaching $20.23. 15,580 shares of the company’s stock traded hands, compared to its average volume of 80,046. The stock has a 50 day moving average of $19.78 and a 200-day moving average of $17.28. Inpex has a 12 month low of $11.27 and a 12 month high of $22.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.40 and a current ratio of 1.49. The company has a market cap of $25.24 billion, a PE ratio of 8.46 and a beta of 0.37.

Inpex (OTCMKTS:IPXHY) last released its earnings results on Thursday, November 13th. The company reported $0.40 earnings per share (EPS) for the quarter. The firm had revenue of $3.20 billion during the quarter. Inpex had a net margin of 21.08% and a return on equity of 8.85%.

About Inpex

INPEX is a Japan-based energy company primarily engaged in the exploration, development, production and sale of oil and natural gas resources. The company’s activities span upstream exploration and field development, midstream project execution — notably liquefied natural gas (LNG) facilities — and related resource management and commercial operations. INPEX’s portfolio includes conventional and unconventional hydrocarbon assets and associated engineering and project-management expertise to bring complex developments into production.

INPEX is known for participation and leadership in large-scale LNG projects, including the Ichthys LNG development off northern Australia, which represents a core midstream and export capability in the company’s business mix.