IHI Co. (OTCMKTS:IHICY) Short Interest Up 1,200.0% in October

IHI Co. (OTCMKTS:IHICY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the September 30th total of 100 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 0.5 days.

IHI Price Performance

IHICY stock opened at $11.80 on Friday. IHI has a 1 year low of $4.42 and a 1 year high of $14.00. 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 stock’s fifty day moving average price is $11.37 and its 200-day moving average price is $8.47.

IHI (OTCMKTS:IHICY) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $2.23 billion for the quarter. IHI had a negative return on equity of 16.01% and a negative net margin of 4.40%. Equities analysts anticipate that IHI will post 1.09 earnings per share for the current year.

IHI Company Profile

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.