Inpex Corp. (OTCMKTS:IPXHY) Short Interest Up 36.3% in December

Inpex Corp. (OTCMKTS:IPXHY) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 111,313 shares, an increase of 36.3% from the November 30th total of 81,695 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 94,851 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 94,851 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the company’s shares are sold short.

Inpex Stock Performance

Shares of OTCMKTS IPXHY traded up $0.03 during trading hours on Tuesday, reaching $20.23. The stock had a trading volume of 15,580 shares, compared to its average volume of 80,046. The firm has a market cap of $25.24 billion, a price-to-earnings ratio of 8.46 and a beta of 0.37. The company has a current ratio of 1.49, a quick ratio of 1.40 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average of $19.78 and a 200-day moving average of $17.28. Inpex has a fifty-two week low of $11.27 and a fifty-two week high of $22.00.

Inpex (OTCMKTS:IPXHY) last announced its earnings results on Thursday, November 13th. The company reported $0.40 earnings per share (EPS) for the quarter. Inpex had a return on equity of 8.85% and a net margin of 21.08%.The business had revenue of $3.20 billion for the quarter.

Inpex Company Profile

INPEX is a Japan-based energy company primarily engaged in the exploration, development, production and sale of oil and natural gas resources. The company’s activities span upstream exploration and field development, midstream project execution — notably liquefied natural gas (LNG) facilities — and related resource management and commercial operations. INPEX’s portfolio includes conventional and unconventional hydrocarbon assets and associated engineering and project-management expertise to bring complex developments into production.

INPEX is known for participation and leadership in large-scale LNG projects, including the Ichthys LNG development off northern Australia, which represents a core midstream and export capability in the company’s business mix.