Horiba Ltd. (OTCMKTS:HRIBF) Stock Short Interest Report for October

Horiba Ltd. (OTCMKTS:HRIBF) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 164,309 shares, an increase of 80.4% from the September 30th total of 91,089 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 2 shares, the short-interest ratio is currently 82,154.5 days.

Horiba Price Performance

Shares of HRIBF remained flat at $137.00 during trading hours on Friday. The company has a quick ratio of 2.14, a current ratio of 2.93 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $143.11 and a 200-day moving average of $139.75. Horiba has a 12-month low of $73.11 and a 12-month high of $166.67. The company has a market capitalization of $5.75 billion, a PE ratio of 19.21 and a beta of 0.23.

Horiba (OTCMKTS:HRIBF) last released its quarterly earnings results on Friday, August 7th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.73. Horiba had a net margin of 11.80% and a return on equity of 13.28%. The business had revenue of $586.15 million for the quarter, compared to analysts’ expectations of $549.25 million.

About Horiba

HORIBA, Ltd. is a Japan-based manufacturer of measurement and analysis systems. The company develops instruments and related services used to measure physical and chemical properties across automotive, environmental, medical, semiconductor, and scientific research applications.

Its products include automotive emissions analyzers, engine and drivetrain testing systems, environmental monitoring equipment, process control instruments, semiconductor manufacturing tools, particle and elemental analyzers, blood cell counters, and other medical testing systems.