IHI Co. (OTCMKTS:IHICY) Sees Significant Growth in Short Interest

IHI Co. (OTCMKTS:IHICY) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 4,200 shares, a growth of 61.5% from the November 15th total of 2,600 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 4.7 days.

IHI Stock Performance

Shares of IHI stock remained flat at $13.44 during trading on Thursday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.72 and a current ratio of 1.16. The firm has a market capitalization of $8.31 billion, a price-to-earnings ratio of 11.20 and a beta of 0.19. The stock’s 50-day moving average is $13.65 and its 200-day moving average is $10.28. IHI has a 12-month low of $4.42 and a 12-month high of $15.76.

About IHI

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.