HORIBA, Ltd. (OTCMKTS:HRIBF) Short Interest Down 9.3% in January

HORIBA, Ltd. (OTCMKTS:HRIBF) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 26,300 shares, a decline of 9.3% from the January 15th total of 29,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 263.0 days.

HORIBA Stock Performance

HRIBF opened at $61.03 on Tuesday. The company has a market cap of $2.56 billion, a P/E ratio of 10.92 and a beta of 0.13. The company has a current ratio of 3.29, a quick ratio of 2.19 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $57.68 and its 200-day moving average is $60.09. HORIBA has a 1-year low of $49.06 and a 1-year high of $100.67.

HORIBA Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.