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

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

Hitachi Construction Machinery Price Performance

Shares of HTCMY stock remained flat at $49.75 during trading hours on Wednesday. 45 shares of the company were exchanged, compared to its average volume of 344. The company has a quick ratio of 0.75, a current ratio of 1.63 and a debt-to-equity ratio of 0.26. Hitachi Construction Machinery has a 1-year low of $40.85 and a 1-year high of $62.15. The company’s fifty day simple moving average is $45.57 and its 200-day simple moving average is $46.29. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 9.13 and a beta of 0.61.

Hitachi Construction Machinery Company Profile

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.