HORIBA, Ltd. (OTCMKTS:HRIBF) Sees Significant Growth in Short Interest

HORIBA, Ltd. (OTCMKTS:HRIBF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 34,500 shares, an increase of 19.0% from the February 28th total of 29,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.1% of the shares of the stock are sold short.

HORIBA Price Performance

HRIBF stock opened at $61.03 on Wednesday. The firm has a 50 day simple moving average of $60.34 and a two-hundred day simple moving average of $58.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.36 and a quick ratio of 2.19. The stock has a market cap of $2.56 billion, a PE ratio of 11.60 and a beta of 0.13. HORIBA has a one year low of $49.06 and a one year high of $100.67.

HORIBA Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.