Ibiden Co.,Ltd. (OTCMKTS:IBIDF) Sees Significant Increase in Short Interest

Ibiden Co.,Ltd. (OTCMKTS:IBIDF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 3,439,400 shares, a growth of 28.2% from the October 31st total of 2,683,000 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 11,464.7 days.

Ibiden Co.,Ltd. Stock Performance

Ibiden Co.,Ltd. stock remained flat at $30.72 during trading on Monday. 1,000 shares of the company traded hands, compared to its average volume of 209. Ibiden Co.,Ltd. has a 12-month low of $30.72 and a 12-month high of $30.90. The company has a fifty day simple moving average of $38.27 and a 200 day simple moving average of $40.80.

About Ibiden Co.,Ltd.

Ibiden Co,Ltd. provides electronic and ceramics products in Japan, rest of Asia, North America, Europe, and internationally. The company offers IC package substrate for use in personal computers, data centers, and AI applications; motherboard and printed wiring boards; automotive exhaust system components, including diesel particulate filters; substrate holding mats; high temperature insulation materials; and graphite specialty products.