Short Interest in Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Increases By 700.0%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,600 shares, a growth of 700.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 1.6 days.

Hitachi Construction Machinery Stock Performance

Shares of OTCMKTS:HTCMY traded up $0.18 during trading on Friday, hitting $49.93. 803 shares of the stock were exchanged, compared to its average volume of 344. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 9.16 and a beta of 0.61. Hitachi Construction Machinery has a 1-year low of $40.85 and a 1-year high of $62.15. The company’s fifty day simple moving average is $45.73 and its 200-day simple moving average is $46.34. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.75 and a current ratio of 1.63.

About Hitachi Construction Machinery

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.