Inpex Co. (OTCMKTS:IPXHY) Sees Significant Growth in Short Interest

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 52,500 shares, an increase of 264.6% from the November 30th total of 14,400 shares. Based on an average trading volume of 205,200 shares, the days-to-cover ratio is presently 0.3 days.

Inpex Price Performance

OTCMKTS IPXHY traded up $0.05 on Friday, reaching $12.64. The company’s stock had a trading volume of 110,730 shares, compared to its average volume of 90,747. The firm’s 50 day moving average is $12.97 and its two-hundred day moving average is $13.93. The stock has a market cap of $15.77 billion, a PE ratio of 6.26 and a beta of 0.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. Inpex has a twelve month low of $11.90 and a twelve month high of $17.42.

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.