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

Inpex Co. (OTCMKTS:IPXHY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 114,400 shares, a growth of 111.1% from the February 28th total of 54,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 303,800 shares, the days-to-cover ratio is presently 0.4 days.

Inpex Stock Down 1.8 %

Shares of Inpex stock traded down $0.26 during trading on Friday, reaching $13.88. 30,368 shares of the company traded hands, compared to its average volume of 143,330. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22. The firm has a market capitalization of $17.32 billion, a PE ratio of 6.11 and a beta of 0.90. The company has a 50 day moving average price of $12.77 and a 200-day moving average price of $13.02. Inpex has a 1-year low of $11.45 and a 1-year high of $17.42.

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