Inpex Co. (OTCMKTS:IPXHF) Short Interest Down 6.2% in January

Inpex Co. (OTCMKTS:IPXHF) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,659,600 shares, a drop of 6.2% from the January 15th total of 2,836,400 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is presently 1,063.8 days.

Inpex Trading Down 14.5 %

Shares of IPXHF opened at $11.66 on Wednesday. The business’s 50-day moving average is $12.19 and its 200-day moving average is $13.43. Inpex has a fifty-two week low of $10.99 and a fifty-two week high of $17.00.

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.