Short Interest in Ebara Co. (OTCMKTS:EBCOY) Rises By 82.6%

Ebara Co. (OTCMKTS:EBCOY) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 31,019 shares, an increase of 82.6% from the July 30th total of 16,990 shares. Based on an average trading volume of 117,943 shares, the short-interest ratio is currently 0.3 days.

Ebara Price Performance

OTCMKTS EBCOY traded down $0.66 during trading hours on Friday, reaching $14.42. 101,216 shares of the company’s stock were exchanged, compared to its average volume of 147,163. Ebara has a one year low of $10.06 and a one year high of $21.77. The company’s 50-day moving average is $17.54 and its two-hundred day moving average is $17.04.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. raised Ebara to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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.