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

IHI Co. (OTCMKTS:IHICY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 98.1% from the December 31st 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 Price Performance

OTCMKTS IHICY remained flat at $11.87 during trading hours on Tuesday. The business has a fifty day simple moving average of $13.08 and a 200 day simple moving average of $11.70. IHI has a 1 year low of $4.47 and a 1 year high of $15.76. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $7.34 billion, a PE ratio of 9.89 and a beta of 0.21.

IHI (OTCMKTS:IHICY) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $2.75 billion for the quarter. IHI had a net margin of 6.77% and a return on equity of 27.10%. Analysts expect that IHI will post 1.09 earnings per share for the current year.

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.