Short Interest in IHI Co. (OTCMKTS:IHICF) Drops By 15.6%

IHI Co. (OTCMKTS:IHICF) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 741,700 shares, a decrease of 15.6% from the September 15th total of 878,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

IHI Stock Performance

IHI stock remained flat at $19.50 during trading hours on Tuesday. IHI has a 1-year low of $18.47 and a 1-year high of $19.50. The firm’s fifty day moving average price is $19.50 and its 200-day moving average price is $19.50.

IHI Company Profile

IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.