Short Interest in IHI Co. (OTCMKTS:IHICF) Rises By 5.5%

IHI Co. (OTCMKTS:IHICF) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 1,347,100 shares, an increase of 5.5% from the January 15th total of 1,276,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

IHI Price Performance

Shares of OTCMKTS IHICF opened at $19.50 on Tuesday. The firm’s 50 day simple moving average is $19.50 and its 200-day simple moving average is $19.50. IHI has a 12 month low of $18.47 and a 12 month high of $19.50.

About IHI

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.