IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Up 125.8% in August

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 93,536 shares, an increase of 125.8% from the August 15th total of 41,427 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 24,908 shares, the days-to-cover ratio is currently 3.8 days.

IBC Advanced Alloys Price Performance

IAALF stock opened at $0.13 on Tuesday. The company has a market cap of $15.34 million, a price-to-earnings ratio of -6.64 and a beta of 1.10. IBC Advanced Alloys has a twelve month low of $0.04 and a twelve month high of $0.19. The business has a 50 day moving average price of $0.13 and a two-hundred day moving average price of $0.13. The company has a quick ratio of 0.23, a current ratio of 0.69 and a debt-to-equity ratio of 7.81.

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.