Short Interest in Ihi Corp (OTCMKTS:IHICY) Declines By 64.7%

Ihi Corp (OTCMKTS:IHICY) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 39,303 shares, a decrease of 64.7% from the July 15th total of 111,430 shares. Based on an average trading volume of 215,924 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

IHI Stock Up 1.0%

OTCMKTS IHICY traded up $0.20 during trading hours on Friday, hitting $18.92. The company’s stock had a trading volume of 48,472 shares, compared to its average volume of 93,576. The company has a market capitalization of $20.49 billion, a PE ratio of 18.37 and a beta of 0.65. The company has a current ratio of 1.23, a quick ratio of 0.81 and a debt-to-equity ratio of 0.54. IHI has a 52 week low of $12.79 and a 52 week high of $30.47. The company’s 50-day simple moving average is $17.19 and its two-hundred day simple moving average is $20.16.

IHI (OTCMKTS:IHICY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.32 EPS for the quarter. The company had revenue of $2.35 billion for the quarter.

IHI Company Profile

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima?Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.