JFE Holdings, Inc. (OTCMKTS:JFEEF) Sees Large Decrease in Short Interest

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 2,986,000 shares, a decrease of 11.0% from the September 30th total of 3,353,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 29,860.0 days.

JFE Stock Performance

Shares of JFE stock opened at $13.15 on Thursday. The stock has a market capitalization of $7.57 billion, a P/E ratio of 7.65 and a beta of 0.81. JFE has a 12-month low of $13.15 and a 12-month high of $13.15. The company has a quick ratio of 0.75, a current ratio of 1.60 and a debt-to-equity ratio of 0.55. The company has a 50-day simple moving average of $13.82 and a 200 day simple moving average of $14.71.

JFE (OTCMKTS:JFEEF) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.27 earnings per share for the quarter. The company had revenue of $7.77 billion during the quarter. JFE had a net margin of 3.24% and a return on equity of 6.56%.

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.