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

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 300 shares, an increase of 200.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 1.0 days.

Hitachi Construction Machinery Trading Up 0.7 %

Shares of HTCMY traded up $0.31 during trading hours on Thursday, reaching $43.89. 340 shares of the company traded hands, compared to its average volume of 856. Hitachi Construction Machinery has a 12 month low of $40.85 and a 12 month high of $62.15. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 8.05 and a beta of 0.64. The company’s fifty day moving average price is $44.87 and its two-hundred day moving average price is $48.43. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 0.22.

Hitachi Construction Machinery Company Profile

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.