Short Interest in JFE Holdings, Inc. (OTCMKTS:JFEEF) Grows By 196.5%

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 2,894,200 shares, an increase of 196.5% from the August 31st total of 976,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 28,942.0 days.

JFE Price Performance

JFE stock remained flat at $14.26 during mid-day trading on Friday. JFE has a 1-year low of $13.47 and a 1-year high of $17.16. The company has a fifty day moving average price of $14.26 and a 200 day moving average price of $15.35. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.75 and a current ratio of 1.60.

JFE (OTCMKTS:JFEEF) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.27 EPS for the quarter. JFE had a return on equity of 6.56% and a net margin of 3.24%. The business had revenue of $7.77 billion for the quarter.

About JFE

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.