IHI Co. (OTCMKTS:IHICF) Sees Significant Drop in Short Interest

IHI Co. (OTCMKTS:IHICF) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 927,100 shares, a decrease of 32.9% from the February 28th total of 1,381,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

IHI Price Performance

IHI stock remained flat at $19.50 during mid-day trading on Friday. The company’s 50 day moving average is $19.50 and its two-hundred day moving average is $19.50. IHI has a 1-year low of $18.47 and a 1-year high of $19.50.

IHI Company Profile

IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.