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

Inpex Co. (OTCMKTS:IPXHY) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 52,500 shares, an increase of 264.6% from the November 30th total of 14,400 shares. Based on an average trading volume of 205,200 shares, the short-interest ratio is presently 0.3 days.

Inpex Stock Performance

Shares of OTCMKTS:IPXHY traded up $0.01 during trading hours on Thursday, hitting $12.59. The stock had a trading volume of 229,903 shares, compared to its average volume of 90,666. The stock’s fifty day simple moving average is $12.99 and its 200 day simple moving average is $13.94. The firm has a market capitalization of $15.71 billion, a price-to-earnings ratio of 6.23 and a beta of 0.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. Inpex has a 1-year low of $11.90 and a 1-year high of $17.42.

About Inpex

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.