Hitachi, Ltd. (OTCMKTS:HTHIY) Sees Significant Decrease in Short Interest

Hitachi, Ltd. (OTCMKTS:HTHIY) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 131,900 shares, a decline of 19.8% from the November 15th total of 164,500 shares. Based on an average daily trading volume, of 611,900 shares, the short-interest ratio is presently 0.2 days.

Hitachi Stock Performance

Shares of Hitachi stock opened at $52.25 on Monday. Hitachi has a one year low of $27.31 and a one year high of $56.65. The firm has a market capitalization of $121.13 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 1.48 and a beta of 0.81. The business has a 50-day simple moving average of $51.56 and a 200 day simple moving average of $58.48. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.22 and a quick ratio of 0.90.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.