IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Shares Shorted: Short Interest Down 57.0% in September

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 21,075 shares, a decline of 57.0% from the September 15th total of 48,970 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,398 shares, the short-interest ratio is presently 2.2 days.

IBC Advanced Alloys Stock Performance

Shares of IAALF stock traded down $0.01 during trading hours on Wednesday, hitting $0.11. The stock had a trading volume of 15,000 shares, compared to its average volume of 45,691. The firm has a market capitalization of $12.89 million, a PE ratio of -5.58 and a beta of 0.99. IBC Advanced Alloys has a twelve month low of $0.09 and a twelve month high of $0.19. The stock’s 50 day moving average is $0.13 and its 200 day moving average is $0.13. The company has a debt-to-equity ratio of 7.81, a current ratio of 0.69 and a quick ratio of 0.23.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. is a materials technology and manufacturing company that develops and produces specialty metal alloys and engineered components. Its products are primarily used in applications that require a combination of low weight, high strength, thermal conductivity, electrical performance, and resistance to wear or corrosion.

The company’s product portfolio includes aluminum-beryllium alloys, marketed under the Beralcast name, as well as copper-beryllium alloys and related engineered materials.