Short Interest in JFE Holdings, Inc. (OTCMKTS:JFEEF) Expands By 32.3%

JFE Holdings, Inc. (OTCMKTS:JFEEF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,877,200 shares, a growth of 32.3% from the February 28th total of 3,687,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 24,386.0 days. Approximately 0.8% of the shares of the company are sold short.

JFE Stock Performance

Shares of JFE stock opened at $13.30 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 1.63 and a debt-to-equity ratio of 0.53. The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 10.00 and a beta of 0.68. JFE has a 52-week low of $10.40 and a 52-week high of $13.30. The company’s 50-day simple moving average is $11.44 and its 200-day simple moving average is $12.01.

JFE (OTCMKTS:JFEEF) last issued its earnings results on Thursday, February 6th. The company reported $0.57 earnings per share (EPS) for the quarter. JFE had a net margin of 2.69% and a return on equity of 5.22%.

JFE Company Profile

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.