Short Interest in IHI Co. (OTCMKTS:IHICY) Declines By 98.1%

IHI Co. (OTCMKTS:IHICY - Get Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decrease of 98.1% from the December 31st total of 5,200 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 0.1 days.

IHI Stock Performance

OTCMKTS IHICY remained flat at $14.00 during mid-day trading on Friday. 3 shares of the company traded hands, compared to its average volume of 74. The stock has a market capitalization of $8.48 billion, a price-to-earnings ratio of 11.67 and a beta of 0.21. The firm's fifty day moving average price is $12.99 and its 200 day moving average price is $11.82. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.82. IHI has a twelve month low of $4.47 and a twelve month high of $15.76.

IHI (OTCMKTS:IHICY - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.23 EPS for the quarter. IHI had a net margin of 6.77% and a return on equity of 27.10%. The company had revenue of $2.75 billion during the quarter. As a group, research analysts forecast that IHI will post 1.09 EPS for the current year.

IHI Company Profile

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.