Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Up 109.2% in February

Hitachi, Ltd. (OTCMKTS:HTHIY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 354,400 shares, a growth of 109.2% from the January 31st total of 169,400 shares. Based on an average daily volume of 219,600 shares, the days-to-cover ratio is currently 1.6 days.

Hitachi Trading Down 1.9 %

OTCMKTS HTHIY traded down $0.48 on Friday, reaching $25.16. The company had a trading volume of 389,732 shares, compared to its average volume of 279,237. Hitachi has a 52 week low of $16.18 and a 52 week high of $29.99. The stock has a market cap of $115.24 billion, a price-to-earnings ratio of 7.69, a PEG ratio of 3.43 and a beta of 0.80. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $46.88 and its 200-day moving average is $49.30.

Hitachi (OTCMKTS:HTHIY) last posted its earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $1.52. Hitachi had a return on equity of 9.65% and a net margin of 6.03%. Equities analysts predict that Hitachi will post 0.47 earnings per share for the current year.

Hitachi Company Profile

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.