Short Interest in Inpex Co. (OTCMKTS:IPXHF) Expands By 13.1%

Inpex Co. (OTCMKTS:IPXHF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,509,400 shares, an increase of 13.1% from the December 31st total of 2,219,100 shares. Based on an average daily volume of 22,600 shares, the short-interest ratio is presently 111.0 days.

Inpex Stock Performance

IPXHF stock remained flat at $12.03 during trading on Monday. The company’s fifty day moving average is $12.00 and its two-hundred day moving average is $13.60. Inpex has a 1-year low of $10.99 and a 1-year high of $17.00.

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.