Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Update

Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 434,300 shares, an increase of 22.5% from the February 13th total of 354,400 shares. Based on an average trading volume of 611,500 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the company's shares are short sold.

Hitachi Trading Up 1.0 %

HTHIY stock traded up $0.26 during midday trading on Friday, hitting $25.20. 176,398 shares of the company's stock were exchanged, compared to its average volume of 291,100. The stock's fifty day moving average price is $39.48 and its 200-day moving average price is $46.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 1.08. The company has a market cap of $115.42 billion, a PE ratio of 7.71, a price-to-earnings-growth ratio of 3.43 and a beta of 0.76. Hitachi has a one year low of $16.80 and a one year high of $29.99.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The conglomerate reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $1.52. Hitachi had a return on equity of 9.65% and a net margin of 6.03%. Research analysts predict that Hitachi will post 0.47 earnings per share for the current fiscal year.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.