IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Update

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 59,621 shares, a decrease of 71.4% from the April 30th total of 208,791 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 14,686 shares, the days-to-cover ratio is currently 4.1 days.

IBC Advanced Alloys Price Performance

IAALF remained flat at $0.14 on Friday. 4 shares of the company were exchanged, compared to its average volume of 16,273. The company has a current ratio of 0.65, a quick ratio of 0.21 and a debt-to-equity ratio of 4.13. The firm has a market capitalization of $15.79 million, a P/E ratio of -6.85 and a beta of 1.16. The firm has a 50 day moving average price of $0.14 and a two-hundred day moving average price of $0.14. IBC Advanced Alloys has a one year low of $0.03 and a one year high of $0.19.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings results on Friday, May 29th. The company reported ($0.01) earnings per share for the quarter. IBC Advanced Alloys had a negative net margin of 10.84% and a negative return on equity of 76.63%. The company had revenue of $4.77 million for the quarter.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.