Iochpe-Maxion SA (OTCMKTS:IOCJY) Short Interest Up 5,000.0% in June

Iochpe-Maxion SA (OTCMKTS:IOCJY) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 510 shares, a growth of 5,000.0% from the June 15th total of 10 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 5.1 days.

Iochpe-Maxion Stock Performance

OTCMKTS IOCJY remained flat at $0.54 during trading on Friday. The firm has a market cap of $249.49 million, a PE ratio of 18.04 and a beta of 0.64. The business’s fifty day moving average is $0.56 and its 200-day moving average is $0.57. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 1.09. Iochpe-Maxion has a 12 month low of $0.53 and a 12 month high of $0.95.

Iochpe-Maxion Company Profile

Iochpe-Maxion SA (OTCMKTS:IOCJY) is a global supplier of automotive wheels and structural components, serving major original equipment manufacturers in the passenger, light truck and commercial vehicle segments. The company’s expertise spans the design, engineering and production of both steel and aluminum wheels, as well as complex chassis and body structural assemblies.

Operations are organized into two primary divisions: Maxion Wheels and Maxion Structural Components. The wheels segment produces a broad range of products including stamped and forged steel wheels and aluminum cast wheels for cars, SUVs, light trucks, commercial trucks and trailers.