Short Interest in IHI Co. (OTCMKTS:IHICF) Declines By 7.3%

IHI Co. (OTCMKTS:IHICF) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 1,082,800 shares, a decline of 7.3% from the November 15th total of 1,167,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 10,828.0 days.

IHI Stock Performance

Shares of IHICF stock remained flat at $19.50 during mid-day trading on Monday. IHI has a 1-year low of $18.47 and a 1-year high of $19.50. The firm has a 50-day moving average of $19.50 and a two-hundred day moving average of $19.50.

IHI Company Profile

IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.