Short Interest in Inpex Co. (OTCMKTS:IPXHF) Decreases By 44.2%

Inpex Co. (OTCMKTS:IPXHF) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,331,700 shares, a drop of 44.2% from the February 28th total of 2,388,500 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 783.4 days.

Inpex Stock Down 10.1 %

Inpex stock traded down $1.59 during mid-day trading on Friday, reaching $14.10. The company’s stock had a trading volume of 83 shares, compared to its average volume of 2,586. The firm’s fifty day moving average price is $12.91 and its two-hundred day moving average price is $13.02. Inpex has a 12-month low of $10.99 and a 12-month high of $17.00.

About Inpex

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.