Horiba Ltd. (OTCMKTS:HRIBF) Stock Short Interest Report for October

Horiba Ltd. (OTCMKTS:HRIBF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 164,309 shares, an increase of 80.4% from the September 30th total of 91,089 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is currently 82,154.5 days. Approximately 0.4% of the shares of the stock are short sold.

Horiba Price Performance

Horiba stock remained flat at $137.00 during midday trading on Monday. Horiba has a one year low of $73.11 and a one year high of $166.67. The company has a quick ratio of 2.14, a current ratio of 2.93 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $5.75 billion, a PE ratio of 20.79 and a beta of 0.27. The firm has a 50 day moving average of $143.11 and a 200-day moving average of $139.75.

Horiba (OTCMKTS:HRIBF) last posted its quarterly earnings data on Friday, August 7th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.73. Horiba had a return on equity of 13.28% and a net margin of 11.80%. The company had revenue of $586.15 million during the quarter, compared to analysts’ expectations of $549.25 million.

Horiba Company Profile

HORIBA, Ltd. is a Japan-based manufacturer of measurement and analysis systems. The company develops instruments and related services used to measure physical and chemical properties across automotive, environmental, medical, semiconductor, and scientific research applications.

Its products include automotive emissions analyzers, engine and drivetrain testing systems, environmental monitoring equipment, process control instruments, semiconductor manufacturing tools, particle and elemental analyzers, blood cell counters, and other medical testing systems.