Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Short Interest Up 700.0% in January

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 1,600 shares, a growth of 700.0% from the January 15th total of 200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 1.6 days.

Hitachi Construction Machinery Stock Performance

Shares of HTCMY stock opened at $49.75 on Thursday. The business’s 50-day moving average price is $45.64 and its 200-day moving average price is $46.32. Hitachi Construction Machinery has a 12 month low of $40.85 and a 12 month high of $62.15. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of 9.13 and a beta of 0.61. The company has a current ratio of 1.63, a quick ratio of 0.75 and a debt-to-equity ratio of 0.26.

Hitachi Construction Machinery Company Profile

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.