Inpex Co. (OTCMKTS:IPXHY) Sees Significant Growth in Short Interest

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 28,000 shares, a growth of 54.7% from the June 30th total of 18,100 shares. Based on an average daily trading volume, of 66,100 shares, the days-to-cover ratio is presently 0.4 days.

Inpex Price Performance

Shares of OTCMKTS:IPXHY traded up $0.09 during midday trading on Friday, reaching $14.73. 49,620 shares of the company were exchanged, compared to its average volume of 32,327. The stock has a market cap of $18.53 billion, a PE ratio of 7.96 and a beta of 0.97. Inpex has a one year low of $12.32 and a one year high of $17.42. The company has a current ratio of 1.45, a quick ratio of 1.32 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average is $15.05 and its two-hundred day moving average is $14.71.

Inpex (OTCMKTS:IPXHY) last issued its quarterly earnings data on Tuesday, May 14th. The company reported $0.65 earnings per share for the quarter. The firm had revenue of $4.02 billion during the quarter. Inpex had a return on equity of 9.31% and a net margin of 15.68%.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.