Short Interest in IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Rises By 800.0%

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 900 shares, an increase of 800.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is presently 0.1 days.

IBC Advanced Alloys Stock Up 3.0 %

IBC Advanced Alloys stock traded up $0.00 during trading hours on Thursday, hitting $0.06. The company had a trading volume of 3,050 shares, compared to its average volume of 11,759. The firm’s fifty day moving average is $0.06 and its 200-day moving average is $0.06. The firm has a market capitalization of $6.32 million, a P/E ratio of 2.78 and a beta of 1.12. IBC Advanced Alloys has a fifty-two week low of $0.03 and a fifty-two week high of $0.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.33.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings results on Monday, March 3rd. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $3.56 million during the quarter. IBC Advanced Alloys had a return on equity of 34.23% and a net margin of 4.40%.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.