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Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Sees Significant Drop in Short Interest

Hitachi Construction Machinery logo with Industrials background
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Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 90.9% from the February 28th total of 1,100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 200 shares, the short-interest ratio is currently 0.5 days.

Hitachi Construction Machinery Price Performance

Shares of HTCMY stock traded down $4.85 during trading hours on Monday, hitting $52.55. The stock had a trading volume of 258 shares, compared to its average volume of 1,004. The stock's 50-day moving average price is $50.87 and its two-hundred day moving average price is $47.52. Hitachi Construction Machinery has a one year low of $40.85 and a one year high of $62.15. The stock has a market capitalization of $5.59 billion, a price-to-earnings ratio of 9.64 and a beta of 0.58. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.63 and a quick ratio of 0.75.

About Hitachi Construction Machinery

(Get Free Report)

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

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