Ebara Co. (OTCMKTS:EBCOY – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 183,085 shares, a growth of 170.5% from the September 30th total of 67,684 shares. Based on an average daily trading volume, of 274,655 shares, the short-interest ratio is presently 0.7 days.
Ebara Stock Down 5.1%
EBCOY opened at $11.80 on Friday. The stock’s 50 day moving average price is $14.01 and its 200-day moving average price is $16.18. Ebara has a one year low of $11.12 and a one year high of $21.77.
About Ebara
Ebara Corporation is a Japan-based industrial equipment manufacturer that develops and supplies products and services for fluid management, environmental infrastructure, and precision manufacturing. Its offerings include pumps, compressors, turbines, cooling equipment, and related systems used in industrial, commercial, municipal, and infrastructure applications.
The company’s environmental solutions business supports water and wastewater treatment, waste management, and related facility operations.
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