JFE Holdings, Inc. (OTCMKTS:JFEEF) Short Interest Up 32.3% in March

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,877,200 shares, a growth of 32.3% from the February 28th total of 3,687,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 24,386.0 days. Approximately 0.8% of the company’s shares are short sold.

JFE Stock Performance

Shares of JFEEF opened at $13.30 on Wednesday. JFE has a fifty-two week low of $10.40 and a fifty-two week high of $13.30. The stock has a fifty day moving average of $11.44 and a two-hundred day moving average of $12.01. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 1.63. The company has a market capitalization of $8.46 billion, a PE ratio of 10.00 and a beta of 0.68.

JFE (OTCMKTS:JFEEF) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.57 earnings per share for the quarter. JFE had a return on equity of 5.22% and a net margin of 2.69%.

About JFE

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.