Short Interest in Inpex Co. (OTCMKTS:IPXHY) Declines By 87.3%

Inpex Co. (OTCMKTS:IPXHY) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 2,000 shares, a decline of 87.3% from the October 31st total of 15,800 shares. Based on an average daily volume of 258,100 shares, the short-interest ratio is currently 0.0 days.

Inpex Price Performance

Shares of OTCMKTS:IPXHY traded down $0.04 during midday trading on Friday, hitting $12.76. 80,827 shares of the stock were exchanged, compared to its average volume of 146,315. The stock has a market cap of $15.92 billion, a P/E ratio of 6.32 and a beta of 0.97. The company has a current ratio of 1.44, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average price of $13.42 and a 200-day moving average price of $14.26. Inpex has a twelve month low of $12.47 and a twelve month high of $17.42.

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.