IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Update

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 93,536 shares, an increase of 125.8% from the August 15th total of 41,427 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 24,908 shares, the short-interest ratio is currently 3.8 days.

IBC Advanced Alloys Price Performance

Shares of IBC Advanced Alloys stock remained flat at $0.13 during trading on Monday. The company had a trading volume of 363 shares, compared to its average volume of 13,421. The business’s 50-day simple moving average is $0.13 and its 200 day simple moving average is $0.13. IBC Advanced Alloys has a 12-month low of $0.04 and a 12-month high of $0.19. The firm has a market capitalization of $15.34 million, a P/E ratio of -6.64 and a beta of 1.10. The company has a quick ratio of 0.23, a current ratio of 0.69 and a debt-to-equity ratio of 7.81.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.