Short Interest in IHI Co. (OTCMKTS:IHICF) Decreases By 19.3%

IHI Co. (OTCMKTS:IHICF) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 1,320,500 shares, a decline of 19.3% from the May 15th total of 1,636,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

IHI Stock Performance

Shares of IHICF remained flat at $19.50 during trading hours on Monday. The firm’s 50 day moving average price is $19.50 and its 200-day moving average price is $19.50. IHI has a fifty-two week low of $18.47 and a fifty-two week high of $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.