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

IHI Co. (OTCMKTS:IHICF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,381,200 shares, a growth of 67.0% from the February 13th total of 827,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

IHI Price Performance

IHI stock opened at $19.50 on Monday. IHI has a 12 month low of $18.47 and a 12 month high of $19.50. The company has a fifty day moving average price of $19.50 and a two-hundred day moving average price of $19.50.

About IHI

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.