Hitachi Constr (OTCMKTS:HTCMY) Stock Short Interest Falls 99.2%

Hitachi Constr (OTCMKTS:HTCMY) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 1 shares, a decline of 99.2% from the September 15th total of 128 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 31 shares, the days-to-cover ratio is presently 0.0 days.

Hitachi Constr Price Performance

Shares of HTCMY remained flat at $71.14 during trading hours on Friday. 706 shares of the company were exchanged, compared to its average volume of 62. The company has a current ratio of 1.71, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. Hitachi Constr has a 1-year low of $55.92 and a 1-year high of $87.04. The company’s 50 day moving average is $70.20 and its 200-day moving average is $68.51. The company has a market cap of $7.65 billion, a P/E ratio of 12.96 and a beta of 0.55.

Hitachi Constr (OTCMKTS:HTCMY) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.65 EPS for the quarter. Hitachi Constr had a return on equity of 9.54% and a net margin of 6.31%. The company had revenue of $2.07 billion for the quarter.

About Hitachi Constr

Hitachi Construction Machinery Co, Ltd. is a Japan-based manufacturer of construction and mining equipment. The company develops, produces, sells and services machinery used in infrastructure development, building construction, quarrying, mining, forestry and other heavy-duty applications.

Its product portfolio includes hydraulic excavators, wheel loaders, dump trucks and other specialized equipment for construction and resource extraction. The company also provides replacement parts, equipment maintenance, remanufacturing, fleet-support programs and digital solutions intended to help customers improve productivity, safety and operating efficiency.

Hitachi Construction Machinery serves customers through sales, service and distribution operations in Japan and international markets across Asia, Oceania, Europe, Africa, North America and Latin America.