IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Sees Large Increase in Short Interest

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 900 shares, a growth of 800.0% from the February 28th total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 9,100 shares, the short-interest ratio is presently 0.1 days.

IBC Advanced Alloys Price Performance

Shares of IAALF stock opened at $0.06 on Friday. The company has a market capitalization of $6.32 million, a P/E ratio of 2.78 and a beta of 1.12. The company has a current ratio of 0.81, a quick ratio of 0.33 and a debt-to-equity ratio of 1.18. IBC Advanced Alloys has a 12 month low of $0.03 and a 12 month high of $0.08. The stock has a 50 day moving average of $0.06 and a two-hundred day moving average of $0.06.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings results on Monday, March 3rd. The company reported ($0.01) earnings per share for the quarter. IBC Advanced Alloys had a return on equity of 34.23% and a net margin of 4.40%. The business had revenue of $3.56 million for the quarter.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.