Ihi Corp (OTCMKTS:IHICY) Short Interest Update

Ihi Corp (OTCMKTS:IHICY) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 15,703 shares, a growth of 3,171.5% from the May 14th total of 480 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 198,535 shares, the short-interest ratio is currently 0.1 days.

IHI Price Performance

IHICY stock opened at $14.99 on Thursday. The company’s 50-day moving average price is $18.46 and its two-hundred day moving average price is $20.81. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 0.62. IHI has a 12 month low of $12.79 and a 12 month high of $30.47. The firm has a market cap of $16.23 billion, a P/E ratio of 16.12 and a beta of 0.62.

IHI (OTCMKTS:IHICY) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.46 EPS for the quarter. The business had revenue of $3.28 billion for the quarter.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of IHI from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

IHI Company Profile

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.