IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Down 99.5% in July

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 469 shares, a decline of 99.5% from the July 15th total of 93,542 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 20,003 shares, the days-to-cover ratio is currently 0.0 days.

IBC Advanced Alloys Stock Up 3.7%

Shares of OTCMKTS:IAALF traded up $0.01 during trading on Tuesday, hitting $0.14. The stock had a trading volume of 25,002 shares, compared to its average volume of 18,500. The company has a market capitalization of $16.18 million, a PE ratio of -7.00 and a beta of 1.11. The company has a quick ratio of 0.23, a current ratio of 0.69 and a debt-to-equity ratio of 7.81. The firm’s fifty day moving average is $0.12 and its 200 day moving average is $0.14. IBC Advanced Alloys has a 12 month low of $0.03 and a 12 month high of $0.19.

IBC Advanced Alloys (OTCMKTS:IAALF) last issued its quarterly earnings results on Friday, May 29th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $4.77 million during the quarter. IBC Advanced Alloys had a negative return on equity of 110.06% and a negative net margin of 10.73%.

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.