Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Short Interest Up 700.0% in January

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,600 shares, a growth of 700.0% from the January 15th total of 200 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 1.6 days.

Hitachi Construction Machinery Price Performance

Shares of HTCMY remained flat at $49.75 during mid-day trading on Wednesday. 45 shares of the stock traded hands, compared to its average volume of 344. The company has a fifty day moving average of $45.57 and a 200-day moving average of $46.29. The company has a market cap of $5.29 billion, a PE ratio of 9.13 and a beta of 0.61. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.63 and a quick ratio of 0.75. Hitachi Construction Machinery has a 12 month low of $40.85 and a 12 month high of $62.15.

About Hitachi Construction Machinery

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.