IHI Co. (OTCMKTS:IHICY) Short Interest Update

IHI Co. (OTCMKTS:IHICY) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the March 15th total of 100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 0.8 days.

IHI Stock Up 10.5 %

IHICY traded up $1.84 on Monday, reaching $19.34. The company’s stock had a trading volume of 7,144 shares, compared to its average volume of 29,047. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.16 and a quick ratio of 0.70. IHI has a 1 year low of $5.46 and a 1 year high of $21.22. The business’s 50 day moving average is $16.48 and its 200 day moving average is $14.41. The stock has a market cap of $11.71 billion, a price-to-earnings ratio of 14.88 and a beta of 0.15.

IHI (OTCMKTS:IHICY) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.41 EPS for the quarter. IHI had a return on equity of 28.02% and a net margin of 7.37%.

About IHI

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.