Horiba Ltd. (OTCMKTS:HRIBF) Short Interest Down 42.4% in May

Horiba Ltd. (OTCMKTS:HRIBF) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 10,600 shares, a drop of 42.4% from the May 15th total of 18,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Currently, 0.0% of the shares of the company are short sold.

Horiba Stock Performance

OTCMKTS:HRIBF opened at $61.03 on Wednesday. The stock has a market cap of $2.56 billion, a P/E ratio of 11.30 and a beta of 0.24. The stock has a 50 day simple moving average of $61.03 and a 200 day simple moving average of $59.36. The company has a current ratio of 3.36, a quick ratio of 2.38 and a debt-to-equity ratio of 0.18. Horiba has a 1-year low of $49.06 and a 1-year high of $100.67.

About Horiba

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.