Short Interest in Inpex Co. (OTCMKTS:IPXHY) Drops By 69.0%

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 8,400 shares, a decline of 69.0% from the January 15th total of 27,100 shares. Based on an average daily trading volume, of 338,100 shares, the days-to-cover ratio is presently 0.0 days.

Inpex Trading Up 0.6 %

Shares of OTCMKTS IPXHY traded up $0.07 during trading on Wednesday, reaching $12.57. The company had a trading volume of 118,457 shares, compared to its average volume of 163,930. Inpex has a 12 month low of $11.45 and a 12 month high of $17.42. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 0.18. The stock has a market cap of $15.68 billion, a P/E ratio of 6.22 and a beta of 0.93. The company’s fifty day moving average price is $12.53 and its 200-day moving average price is $13.32.

Inpex (OTCMKTS:IPXHY) last announced its earnings results on Tuesday, November 12th. The company reported $0.42 EPS for the quarter. Inpex had a return on equity of 8.16% and a net margin of 16.48%. The business had revenue of $3.74 billion for the quarter.

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.