IHI Co. (OTCMKTS:IHICY) Short Interest Down 98.1% in December

IHI Co. (OTCMKTS:IHICY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 98.1% from the December 15th total of 5,200 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 0.1 days.

IHI Stock Down 15.2 %

IHICY traded down $2.13 during midday trading on Wednesday, hitting $11.87. 551 shares of the company’s stock traded hands, compared to its average volume of 317. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.16 and a quick ratio of 0.72. The company has a market cap of $7.34 billion, a PE ratio of 9.89 and a beta of 0.21. The stock’s fifty day simple moving average is $13.50 and its 200-day simple moving average is $11.39. IHI has a one year low of $4.47 and a one year high of $15.76.

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.