IHI Co. (OTCMKTS:IHICF) Sees Large Growth in Short Interest

IHI Co. (OTCMKTS:IHICF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 676,200 shares, an increase of 30.1% from the December 15th total of 519,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 6,762.0 days.

IHI Price Performance

OTCMKTS:IHICF remained flat at $19.50 during midday trading on Friday. The stock’s 50 day moving average price is $19.50 and its 200 day moving average price is $19.50. IHI has a twelve month low of $18.47 and a twelve month 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.