Short Interest in IHI Co. (OTCMKTS:IHICY) Increases By 1,300.0%

IHI Co. (OTCMKTS:IHICY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the shares of the company are sold short.

IHI Stock Performance

Shares of IHICY stock traded up $1.84 during trading hours on Monday, reaching $19.34. The stock had a trading volume of 7,144 shares, compared to its average volume of 29,047. The firm has a 50-day simple moving average of $16.48 and a 200-day simple moving average of $14.41. The firm has a market capitalization of $11.71 billion, a PE ratio of 14.88 and a beta of 0.15. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.16 and a quick ratio of 0.70. IHI has a twelve month low of $5.46 and a twelve month high of $21.22.

IHI (OTCMKTS:IHICY) last posted its earnings results on Friday, February 7th. The company reported $0.41 EPS for the quarter. IHI had a return on equity of 28.02% and a net margin of 7.37%.

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.