Ebara Co. (OTCMKTS:EBCOY) Short Interest Update

Ebara Co. (OTCMKTS:EBCOY) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 31,019 shares, a growth of 82.6% from the July 30th total of 16,990 shares. Based on an average daily volume of 117,943 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Smbc Nikko Sec. upgraded shares of Ebara to a “hold” rating in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Ebara Trading Up 0.8%

OTCMKTS:EBCOY traded up $0.11 on Monday, hitting $14.53. The stock had a trading volume of 60,563 shares, compared to its average volume of 146,473. Ebara has a 1 year low of $10.06 and a 1 year high of $21.77. The firm’s fifty day simple moving average is $17.54 and its two-hundred day simple moving average is $17.04.

About Ebara

Ebara Corporation (OTCMKTS:EBCOY) is a Tokyo‐headquartered engineering firm with a history dating back to its founding in 1912 as a pump manufacturer. Over more than a century of operations, the company has expanded its expertise to encompass a broad array of industrial and environmental machinery. Ebara’s core mission centers on delivering reliable, high‐performance equipment that supports critical infrastructure projects and industrial processes worldwide.

The company’s business is organized into three primary segments.