Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Short Interest Down 37.5% in February

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,000 shares, a decrease of 37.5% from the January 31st total of 1,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 5.0 days.

Hitachi Construction Machinery Price Performance

Shares of Hitachi Construction Machinery stock traded up $0.49 during mid-day trading on Friday, reaching $51.89. 5,119 shares of the stock traded hands, compared to its average volume of 963. The business has a 50-day moving average of $46.95 and a 200 day moving average of $46.75. Hitachi Construction Machinery has a fifty-two week low of $40.85 and a fifty-two week high of $62.15. The stock has a market capitalization of $5.52 billion, a PE ratio of 9.52 and a beta of 0.61. 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 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.