Short Interest in Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Increases By 900.0%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the March 31st total of 100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 5.0 days.

Hitachi Construction Machinery Price Performance

HTCMY stock opened at $60.13 on Friday. Hitachi Construction Machinery has a 1 year low of $47.70 and a 1 year high of $67.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.63 and a current ratio of 1.44. The business has a 50 day simple moving average of $59.11 and a 200-day simple moving average of $55.51.

Hitachi Construction Machinery (OTCMKTS:HTCMY) last issued its earnings results on Friday, January 26th. The company reported $0.86 earnings per share (EPS) for the quarter. Hitachi Construction Machinery had a return on equity of 12.15% and a net margin of 6.69%. The business had revenue of $2.34 billion during the quarter. Sell-side analysts anticipate that Hitachi Construction Machinery will post 6.4 EPS for the current year.

About Hitachi Construction Machinery

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.