The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Stock Short Interest Falls 74.9%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 113 shares, a drop of 74.9% from the August 31st total of 451 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 160 shares, the short-interest ratio is presently 0.7 days.

Japan Steel Works Stock Performance

Shares of Japan Steel Works stock traded down $2.31 on Friday, hitting $23.99. The stock had a trading volume of 97 shares, compared to its average volume of 62. Japan Steel Works has a twelve month low of $21.39 and a twelve month high of $40.40. The business’s 50 day moving average is $23.85 and its two-hundred day moving average is $26.24. The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 26.36 and a beta of 0.35.

Japan Steel Works Company Profile

The Japan Steel Works, Ltd. (JSW) is a Japanese manufacturer of industrial machinery, steel products and related equipment. Founded in 1907 and headquartered in Tokyo, the company originally developed from a joint venture established in Muroran, Hokkaido, and has expanded into a diversified engineering and manufacturing group serving customers in Japan and international markets.

JSW’s industrial machinery operations produce equipment for plastics processing and other manufacturing applications.