Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) Short Interest Down 10.0% in May

Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 900 shares, a decrease of 10.0% from the May 15th total of 1,000 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 1.5 days.

Idemitsu Kosan Co.,Ltd. Stock Performance

OTCMKTS IDKOY traded down $0.13 during mid-day trading on Monday, hitting $13.80. The company’s stock had a trading volume of 100 shares, compared to its average volume of 2,347. Idemitsu Kosan Co.,Ltd. has a twelve month low of $8.03 and a twelve month high of $14.40. The company’s 50 day simple moving average is $13.38 and its 200 day simple moving average is $10.86.

About Idemitsu Kosan Co.,Ltd.

Idemitsu Kosan Co,Ltd. engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan and internationally. The company's Petroleum segment engages in the procurement of crude oil and refining of petroleum products; sale of gasoline, diesel oil, kerosene, automotive lubricants, industrial kerosene, heavy oil, and aviation and marine fuel; and operation of hydrogen stations.