Ihi Corp (OTCMKTS:IHICY) Stock Short Interest Report for October

Ihi Corp (OTCMKTS:IHICY) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 75,878 shares, an increase of 783.9% from the October 15th total of 8,584 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,335,204 shares, the short-interest ratio is currently 0.0 days.

IHI Trading Down 0.3%

Shares of IHICY stock traded down $0.05 during mid-day trading on Thursday, hitting $15.52. 503,759 shares of the company’s stock were exchanged, compared to its average volume of 175,094. The stock has a market cap of $16.80 billion, a price-to-earnings ratio of 13.50 and a beta of 0.75. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.48. IHI has a fifty-two week low of $14.41 and a fifty-two week high of $30.47. The stock has a 50-day simple moving average of $16.49 and a two-hundred day simple moving average of $19.06.

About IHI

IHI Corporation is a Japanese engineering and manufacturing company headquartered in Tokyo. Its history dates to the founding of Ishikawajima Shipyard in 1853. The company was formed through the 1960 merger of Ishikawajima Heavy Industries and Harima Shipbuilding & Engineering, and adopted the name IHI Corporation in 2007. IHI designs and supplies equipment and systems for energy and industrial applications, including boilers, turbines, compressors and machinery for plants. It also works on infrastructure such as bridges and other large structures, as well as transportation and industrial systems.