Short Interest in The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Declines By 49.2%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 392 shares, a decrease of 49.2% from the July 15th total of 772 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 63 shares, the days-to-cover ratio is currently 6.2 days.

Japan Steel Works Stock Performance

Shares of OTCMKTS:JPSWY traded up $0.62 during trading on Monday, reaching $25.30. The company had a trading volume of 6 shares, compared to its average volume of 215. The stock’s fifty day moving average price is $24.23 and its 200 day moving average price is $27.63. Japan Steel Works has a fifty-two week low of $21.57 and a fifty-two week high of $40.40. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.41 and a quick ratio of 1.33. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 27.80 and a beta of 0.35.

About Japan Steel Works

The Japan Steel Works, Ltd. engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally. It operates through Industrial Machinery Products Business, and Material and Engineering Business segments. The Industrial Machinery Products Business segment offers plastic production and processing machinery, such as pelletizers, film and sheet manufacturing equipment, and twin-screw extruders; molding machines including plastic injection molding, magnesium injection molding, and blow molding machines; and other machinery consists of excimer laser annealing systems, defense equipment, railway products, hot press devices, vacuum laminators, and deposit systems, as well as after-sales services for plastics, mobility, high-performance batteries, electronic devices, and defense applications.