Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Up 30.7% in January

Hitachi, Ltd. (OTCMKTS:HTHIY) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 169,400 shares, an increase of 30.7% from the January 15th total of 129,600 shares. Based on an average daily volume of 315,300 shares, the short-interest ratio is currently 0.5 days.

Hitachi Stock Performance

HTHIY stock traded up $2.34 during midday trading on Friday, hitting $56.63. The company’s stock had a trading volume of 137,621 shares, compared to its average volume of 140,973. The stock’s 50-day moving average price is $50.68 and its 200 day moving average price is $50.05. The company has a quick ratio of 0.85, a current ratio of 1.15 and a debt-to-equity ratio of 0.17. Hitachi has a 1 year low of $31.59 and a 1 year high of $58.19. The stock has a market cap of $131.28 billion, a price-to-earnings ratio of 8.66, a PEG ratio of 1.75 and a beta of 0.80.

Hitachi (OTCMKTS:HTHIY) last issued its quarterly earnings results on Friday, January 31st. The conglomerate reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $1.52. Hitachi had a return on equity of 9.68% and a net margin of 6.03%. On average, equities analysts forecast that Hitachi will post 1.72 EPS for the current year.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.