Hitachi, Ltd. (OTCMKTS:HTHIY) Sees Significant Drop in Short Interest

Hitachi, Ltd. (OTCMKTS:HTHIY) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 164,500 shares, a decline of 8.7% from the October 31st total of 180,200 shares. Based on an average daily trading volume, of 254,600 shares, the short-interest ratio is currently 0.6 days.

Hitachi Stock Up 3.0 %

Shares of Hitachi stock traded up $1.45 during trading hours on Monday, reaching $50.28. 61,539 shares of the company’s stock were exchanged, compared to its average volume of 204,730. Hitachi has a fifty-two week low of $27.06 and a fifty-two week high of $56.65. The stock has a market cap of $116.56 billion, a P/E ratio of 9.58, a P/E/G ratio of 1.42 and a beta of 0.81. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average of $51.51 and a two-hundred day moving average of $57.43.

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.