Inpex Co. (OTCMKTS:IPXHF) Short Interest Up 13.1% in December

Inpex Co. (OTCMKTS:IPXHF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 2,509,400 shares, an increase of 13.1% from the December 15th total of 2,219,100 shares. Based on an average trading volume of 22,600 shares, the days-to-cover ratio is presently 111.0 days.

Inpex Price Performance

OTCMKTS:IPXHF opened at $13.65 on Monday. Inpex has a one year low of $10.99 and a one year high of $17.00. The company’s 50-day simple moving average is $12.08 and its 200 day simple moving average is $13.79.

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.