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

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

IHI Stock Performance

OTCMKTS IHICF remained flat at $19.50 on Tuesday. IHI has a 12 month low of $18.47 and a 12 month high of $19.50. The company’s fifty day simple moving average is $19.50 and its 200-day simple moving average is $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.