Short Interest in JFE Holdings, Inc. (OTCMKTS:JFEEF) Grows By 16.1%

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 3,474,300 shares, a growth of 16.1% from the October 31st total of 2,992,400 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 8,685.8 days.

JFE Price Performance

Shares of OTCMKTS:JFEEF opened at $11.92 on Tuesday. The company’s 50-day moving average price is $12.84 and its two-hundred day moving average price is $13.90. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.60 and a quick ratio of 0.75. JFE has a one year low of $11.92 and a one year high of $13.15.

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.