Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Up 109.2% in February

Hitachi, Ltd. (OTCMKTS:HTHIY) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 354,400 shares, a growth of 109.2% from the January 31st total of 169,400 shares. Based on an average trading volume of 219,600 shares, the short-interest ratio is currently 1.6 days.

Hitachi Price Performance

HTHIY stock traded down $0.48 during trading on Friday, hitting $25.16. The company had a trading volume of 389,732 shares, compared to its average volume of 279,237. The firm has a market capitalization of $115.24 billion, a price-to-earnings ratio of 7.69, a P/E/G ratio of 3.43 and a beta of 0.80. The company has a current ratio of 1.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average of $46.88 and a 200 day moving average of $49.30. Hitachi has a fifty-two week low of $16.18 and a fifty-two week high of $29.99.

Hitachi (OTCMKTS:HTHIY) last released its earnings results on Friday, January 31st. The conglomerate reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. As a group, research analysts predict that Hitachi will post 0.47 earnings per share for the current year.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.