Ihi Corp (OTCMKTS:IHICY) Short Interest Up 151.4% in July

Ihi Corp (OTCMKTS:IHICY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 111,430 shares, an increase of 151.4% from the June 30th total of 44,331 shares. Based on an average daily volume of 224,431 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are short sold.

IHI Stock Down 0.5%

Shares of OTCMKTS IHICY opened at $16.84 on Thursday. IHI has a 12-month low of $12.79 and a 12-month high of $30.47. The company has a market cap of $18.23 billion, a P/E ratio of 18.11 and a beta of 0.64. The company has a current ratio of 1.23, a quick ratio of 0.81 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average price of $16.97 and a 200 day moving average price of $20.51.

IHI (OTCMKTS:IHICY) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.46 EPS for the quarter. The company had revenue of $3.28 billion during the quarter.

IHI Company Profile

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.