IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Down 25.1% in December

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 131,507 shares, a drop of 25.1% from the December 15th total of 175,676 shares. Based on an average daily trading volume, of 293,521 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 293,521 shares, the days-to-cover ratio is currently 0.4 days.

IBC Advanced Alloys Stock Performance

Shares of OTCMKTS:IAALF traded down $0.00 during trading on Friday, reaching $0.15. 36,290 shares of the company’s stock traded hands, compared to its average volume of 105,035. The stock has a market capitalization of $17.67 million, a P/E ratio of -5.11 and a beta of 1.24. IBC Advanced Alloys has a 12 month low of $0.03 and a 12 month high of $0.19. The company has a 50 day moving average of $0.14 and a 200-day moving average of $0.09. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.62 and a quick ratio of 0.17.

IBC Advanced Alloys (OTCMKTS:IAALF) last issued its earnings results on Monday, December 1st. The company reported ($0.01) EPS for the quarter. The company had revenue of $4.17 million during the quarter. IBC Advanced Alloys had a negative net margin of 17.02% and a negative return on equity of 95.16%.

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.