Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Sees Large Growth in Short Interest

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 2,000 shares, a growth of 1,900.0% from the March 15th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 2.9 days.

Hitachi Construction Machinery Stock Performance

Shares of HTCMY remained flat at $54.29 on Monday. 94 shares of the company traded hands, compared to its average volume of 1,251. The stock has a market cap of $5.77 billion, a P/E ratio of 9.96 and a beta of 0.49. Hitachi Construction Machinery has a 12 month low of $40.85 and a 12 month high of $60.13. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.63 and a quick ratio of 0.75. The firm has a 50 day simple moving average of $52.26 and a 200 day simple moving average of $47.87.

Hitachi Construction Machinery Company Profile

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.