IHI Co. (OTCMKTS:IHICF) Short Interest Down 5.7% in April

IHI Co. (OTCMKTS:IHICF) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,848,800 shares, a drop of 5.7% from the March 31st total of 1,961,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 18,488.0 days.

IHI Price Performance

OTCMKTS IHICF opened at $19.50 on Tuesday. The company’s 50-day simple moving average is $19.50 and its two-hundred day simple moving average is $20.02. IHI has a one year low of $18.47 and a one year high of $19.50.

About IHI

IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.