Short Interest in The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Expands By 200.0%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a growth of 200.0% from the October 31st total of 100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Japan Steel Works Price Performance

Shares of JPSWY stock traded down $0.45 during midday trading on Friday, reaching $19.55. 30 shares of the company were exchanged, compared to its average volume of 19. The company’s 50 day moving average price is $18.73 and its two-hundred day moving average price is $15.77. The company has a market cap of $2.91 billion, a P/E ratio of 27.93 and a beta of 0.62. Japan Steel Works has a 12 month low of $7.85 and a 12 month high of $21.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.05 and a current ratio of 1.76.

About Japan Steel Works

The Japan Steel Works, Ltd. engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally. It operates through Industrial Machinery Products Business, and Material and Engineering Business segments. The Industrial Machinery Products Business segment offers plastic production and processing machinery, such as pelletizers, film and sheet manufacturing equipment, and twin-screw extruders; molding machines including plastic injection molding, magnesium injection molding, and blow molding machines; and other machinery consists of excimer laser annealing systems, defense equipment, railway products, hot press devices, vacuum laminators, and deposit systems, as well as after-sales services for plastics, mobility, high-performance batteries, electronic devices, and defense applications.