Inpex Co. (OTCMKTS:IPXHY) Sees Significant Increase in Short Interest

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 28,000 shares, an increase of 54.7% from the June 30th total of 18,100 shares. Based on an average trading volume of 66,100 shares, the days-to-cover ratio is presently 0.4 days.

Inpex Stock Up 0.6 %

IPXHY stock opened at $14.73 on Monday. The company has a 50 day moving average price of $15.05 and a two-hundred day moving average price of $14.72. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.32 and a current ratio of 1.45. The stock has a market capitalization of $18.53 billion, a P/E ratio of 6.32 and a beta of 0.98. Inpex has a one year low of $12.32 and a one year high of $17.42.

Inpex (OTCMKTS:IPXHY) last released its earnings results on Tuesday, May 14th. The company reported $0.65 earnings per share for the quarter. The firm had revenue of $4.02 billion for the quarter. Inpex had a return on equity of 9.31% and a net margin of 15.68%.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.