Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Up 30.7% in January

Hitachi, Ltd. (OTCMKTS:HTHIY) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 169,400 shares, an increase of 30.7% from the January 15th total of 129,600 shares. Based on an average daily trading volume, of 315,300 shares, the days-to-cover ratio is presently 0.5 days.

Hitachi Trading Up 4.3 %

HTHIY traded up $2.34 during trading on Friday, hitting $56.63. The company’s stock had a trading volume of 137,621 shares, compared to its average volume of 140,973. Hitachi has a twelve month low of $31.59 and a twelve month high of $58.19. The company has a quick ratio of 0.85, a current ratio of 1.15 and a debt-to-equity ratio of 0.17. The stock’s fifty day moving average price is $50.68 and its 200-day moving average price is $50.05. The firm has a market capitalization of $131.28 billion, a P/E ratio of 8.66, a PEG ratio of 1.75 and a beta of 0.80.

Hitachi (OTCMKTS:HTHIY) last issued its quarterly earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $1.52. Hitachi had a return on equity of 9.68% and a net margin of 6.03%. Analysts anticipate that Hitachi will post 1.72 EPS for the current year.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.