Ihi Corp (OTCMKTS:IHICY) Shares Shorted: Short Interest Down 91.6% in October

Ihi Corp (OTCMKTS:IHICY) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 8,584 shares, a drop of 91.6% from the September 30th total of 102,357 shares. Based on an average daily volume of 115,377 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

IHI Trading Down 0.6%

Shares of IHICY stock traded down $0.10 on Monday, hitting $15.45. The company had a trading volume of 1,404,578 shares, compared to its average volume of 144,370. IHI has a twelve month low of $14.63 and a twelve month high of $30.47. The stock’s 50-day moving average is $17.04 and its two-hundred day moving average is $17.49. The firm has a market cap of $16.73 billion, a P/E ratio of 15.00 and a beta of 0.68. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.79 and a current ratio of 1.26.

IHI (OTCMKTS:IHICY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.32 earnings per share for the quarter. The company had revenue of $2.35 billion during the quarter.

IHI Company Profile

IHI Corporation is a Japanese heavy-industry company that develops and manufactures equipment and systems for the aerospace, energy, industrial, and infrastructure markets. Its businesses include aircraft engines, rocket and space systems, energy-related equipment, industrial machinery, and infrastructure solutions.

The company serves customers in Japan and international markets through a range of products and services, including power-generation systems, environmental technologies, transportation and logistics equipment, bridges, and other large-scale infrastructure.