Short Interest in IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Grows By 22.5%

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 161,083 shares, a growth of 22.5% from the December 31st total of 131,507 shares. Based on an average daily trading volume, of 133,958 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 133,958 shares, the days-to-cover ratio is currently 1.2 days.

IBC Advanced Alloys Stock Performance

Shares of OTCMKTS IAALF traded up $0.00 during trading hours on Tuesday, hitting $0.15. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 107,832. The company’s 50-day moving average price is $0.15 and its 200-day moving average price is $0.10. IBC Advanced Alloys has a 1-year low of $0.03 and a 1-year high of $0.19. The stock has a market capitalization of $17.17 million, a price-to-earnings ratio of -4.97 and a beta of 1.27. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.62 and a quick ratio of 0.17.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings data on Monday, December 1st. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $4.17 million for the quarter. IBC Advanced Alloys had a negative return on equity of 95.16% and a negative net margin of 17.02%.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.