Short Interest in Inpex Co. (OTCMKTS:IPXHF) Decreases By 75.8%

Inpex Co. (OTCMKTS:IPXHF) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 366,800 shares, a decrease of 75.8% from the March 31st total of 1,513,000 shares. Based on an average trading volume of 9,200 shares, the days-to-cover ratio is presently 39.9 days.

Inpex Price Performance

Inpex stock remained flat at $11.40 during midday trading on Tuesday. Inpex has a one year low of $10.72 and a one year high of $15.92. The stock has a 50 day moving average price of $12.86 and a 200-day moving average price of $12.85.

About Inpex

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.