HORIBA, Ltd. (OTCMKTS:HRIBF) Short Interest Up 19.0% in March

HORIBA, Ltd. (OTCMKTS:HRIBF - Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 34,500 shares, a growth of 19.0% from the February 28th total of 29,000 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

HORIBA Price Performance

HRIBF stock remained flat at $61.03 during trading on Monday. The firm's fifty day simple moving average is $60.50 and its two-hundred day simple moving average is $58.87. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 11.60 and a beta of 0.13. The company has a current ratio of 3.36, a quick ratio of 2.19 and a debt-to-equity ratio of 0.18. HORIBA has a twelve month low of $49.06 and a twelve month high of $100.67.

HORIBA Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.