Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Update

Hitachi, Ltd. (OTCMKTS:HTHIY) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 434,300 shares, an increase of 22.5% from the February 13th total of 354,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 611,500 shares, the short-interest ratio is currently 0.7 days.

Hitachi Stock Performance

Hitachi stock traded up $0.41 during trading on Tuesday, hitting $25.41. The stock had a trading volume of 720,704 shares, compared to its average volume of 296,270. Hitachi has a 1 year low of $16.80 and a 1 year high of $29.99. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $41.45 and its two-hundred day moving average is $47.56. The stock has a market cap of $116.39 billion, a price-to-earnings ratio of 7.77, a price-to-earnings-growth ratio of 3.43 and a beta of 0.76.

Hitachi (OTCMKTS:HTHIY) last posted its quarterly earnings data on Friday, January 31st. The conglomerate reported $1.98 EPS for the quarter, beating the consensus estimate of $0.46 by $1.52. Hitachi had a return on equity of 9.65% and a net margin of 6.03%. As a group, analysts predict that Hitachi will post 0.47 EPS for the current year.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.