IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Update

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 900 shares, a growth of 800.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 9,100 shares, the days-to-cover ratio is presently 0.1 days.

IBC Advanced Alloys Trading Up 3.0 %

OTCMKTS IAALF traded up $0.00 on Thursday, reaching $0.06. The company had a trading volume of 3,050 shares, compared to its average volume of 11,759. The firm has a market cap of $6.32 million, a price-to-earnings ratio of 2.78 and a beta of 1.12. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.33. IBC Advanced Alloys has a fifty-two week low of $0.03 and a fifty-two week high of $0.08. The business has a 50 day moving average of $0.06 and a two-hundred day moving average of $0.06.

IBC Advanced Alloys (OTCMKTS:IAALF) last issued its quarterly earnings results on Monday, March 3rd. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $3.56 million during the quarter. IBC Advanced Alloys had a net margin of 4.40% and a return on equity of 34.23%.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.