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

Inpex Co. (OTCMKTS:IPXHY) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 76,700 shares, an increase of 813.1% from the January 31st total of 8,400 shares. Based on an average daily volume of 292,600 shares, the days-to-cover ratio is currently 0.3 days.

Inpex Stock Up 0.6 %

Inpex stock traded up $0.07 during midday trading on Friday, hitting $12.67. 240,472 shares of the company were exchanged, compared to its average volume of 163,753. The company has a market cap of $15.81 billion, a PE ratio of 5.58 and a beta of 0.93. Inpex has a fifty-two week low of $11.45 and a fifty-two week high of $17.42. The company’s fifty day moving average price is $12.43 and its 200-day moving average price is $13.16. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22.

Inpex (OTCMKTS:IPXHY) last posted its earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter. The business had revenue of $3.40 billion for the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%.

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.