Short Interest in Inpex Co. (OTCMKTS:IPXHY) Grows By 242.7%

Inpex Co. (OTCMKTS:IPXHY - Get Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 179,900 shares, a growth of 242.7% from the December 31st total of 52,500 shares. Based on an average daily volume of 422,500 shares, the days-to-cover ratio is currently 0.4 days.

Inpex Stock Performance

Shares of OTCMKTS:IPXHY traded down $0.14 during midday trading on Wednesday, reaching $12.06. 305,406 shares of the company's stock traded hands, compared to its average volume of 139,278. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. Inpex has a one year low of $11.57 and a one year high of $17.42. The company has a market cap of $15.05 billion, a price-to-earnings ratio of 5.97 and a beta of 0.95. The stock has a 50 day moving average of $12.69 and a 200 day moving average of $13.52.

Inpex (OTCMKTS:IPXHY - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.42 EPS for the quarter. The firm had revenue of $3.74 billion during the quarter. Inpex had a net margin of 16.48% and a return on equity of 8.16%.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.

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