Short Interest in Ebara Co. (OTCMKTS:EBCOY) Declines By 22.4%

Ebara Co. (OTCMKTS:EBCOY) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 3,800 shares, a drop of 22.4% from the October 15th total of 4,900 shares. Based on an average daily volume of 72,900 shares, the short-interest ratio is currently 0.1 days.

Ebara Price Performance

OTCMKTS EBCOY traded down $0.41 during mid-day trading on Friday, reaching $7.34. 19,090 shares of the company’s stock traded hands, compared to its average volume of 31,526. Ebara has a 1-year low of $5.29 and a 1-year high of $9.40. The company has a fifty day simple moving average of $7.66 and a 200-day simple moving average of $9.19.

About Ebara

Ebara Corporation manufactures and sells industrial machinery. It operates through Fluid Machinery & Systems, Environmental Plants, and Precision Machinery segments. The company offers pumps, fans, blowers, chillers, and heating and cooling equipment, compressors, steam turbines, steam turbine generator sets, cryogenic pumps, expanders, dry vacuum pumps, chemical mechanical polishing systems, gas abatement systems, precision machinery network, semiconductor manufacturing equipment, plating systems, and ozonized water generators.