IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Down 87.2% in January

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 20,578 shares, a decline of 87.2% from the January 15th total of 161,083 shares. Based on an average daily volume of 335,617 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 335,617 shares, the days-to-cover ratio is presently 0.1 days.

IBC Advanced Alloys Stock Performance

IAALF stock traded up $0.02 during mid-day trading on Tuesday, reaching $0.16. The company had a trading volume of 286,869 shares, compared to its average volume of 114,456. The company has a quick ratio of 0.17, a current ratio of 0.62 and a debt-to-equity ratio of 2.78. The stock’s 50-day simple moving average is $0.15 and its two-hundred day simple moving average is $0.11. The stock has a market capitalization of $18.17 million, a P/E ratio of -5.26 and a beta of 1.27. IBC Advanced Alloys has a one year low of $0.03 and a one year high of $0.19.

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

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.