JFE Holdings, Inc. (OTCMKTS:JFEEF) Sees Significant Increase in Short Interest

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 476,200 shares, an increase of 14.9% from the May 31st total of 414,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 4,762.0 days.

JFE Stock Performance

Shares of OTCMKTS:JFEEF remained flat at $14.26 during mid-day trading on Tuesday. JFE has a one year low of $13.47 and a one year high of $17.16. The company has a quick ratio of 0.80, a current ratio of 1.66 and a debt-to-equity ratio of 0.56. The firm’s 50 day moving average is $15.53 and its 200 day moving average is $15.72.

JFE (OTCMKTS:JFEEF) last announced its earnings results on Tuesday, May 7th. The company reported $0.34 earnings per share for the quarter. JFE had a net margin of 3.83% and a return on equity of 8.14%. The company had revenue of $8.81 billion during the quarter. As a group, sell-side analysts expect that JFE will post 2.31 EPS for the current fiscal year.

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.