Short Interest in HORIBA, Ltd. (OTCMKTS:HRIBF) Declines By 9.3%

HORIBA, Ltd. (OTCMKTS:HRIBF - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 26,300 shares, a decrease of 9.3% from the January 15th total of 29,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 263.0 days.

HORIBA Stock Performance

Shares of HRIBF remained flat at $61.03 during midday trading on Thursday. HORIBA has a twelve month low of $49.06 and a twelve month high of $100.67. The company's 50-day moving average price is $58.16 and its two-hundred day moving average price is $59.93. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.19 and a current ratio of 3.29. The stock has a market cap of $2.56 billion, a P/E ratio of 10.92 and a beta of 0.13.

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.