Short Interest in The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Expands By 200.0%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a growth of 200.0% from the October 31st total of 100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Japan Steel Works Stock Performance

OTCMKTS:JPSWY traded down $0.45 during mid-day trading on Thursday, reaching $19.55. 30 shares of the stock were exchanged, compared to its average volume of 119. The company has a 50 day simple moving average of $18.64 and a 200-day simple moving average of $15.74. The company has a quick ratio of 1.05, a current ratio of 1.76 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $2.91 billion, a P/E ratio of 27.93 and a beta of 0.62. Japan Steel Works has a 1 year low of $7.85 and a 1 year high of $21.47.

Japan Steel Works Company Profile

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.