Short Interest in Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Drops By 90.9%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 90.9% from the February 28th total of 1,100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 200 shares, the short-interest ratio is presently 0.5 days.

Hitachi Construction Machinery Price Performance

OTCMKTS:HTCMY traded up $2.92 during midday trading on Friday, hitting $57.40. 3,175 shares of the stock were exchanged, compared to its average volume of 1,058. The business has a 50-day moving average price of $50.67 and a two-hundred day moving average price of $47.47. The company has a market capitalization of $6.10 billion, a price-to-earnings ratio of 10.53 and a beta of 0.58. Hitachi Construction Machinery has a one year low of $40.85 and a one year high of $62.15. The company has a current ratio of 1.63, a quick ratio of 0.75 and a debt-to-equity ratio of 0.26.

Hitachi Construction Machinery Company Profile

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.