Ibiden Co.,Ltd. (OTCMKTS:IBIDF) Sees Significant Drop in Short Interest

Ibiden Co.,Ltd. (OTCMKTS:IBIDF) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,943,100 shares, a drop of 14.7% from the December 15th total of 3,449,800 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 1,549.0 days.

Ibiden Co.,Ltd. Price Performance

Shares of IBIDF opened at $28.50 on Friday. The firm has a fifty day moving average of $30.64 and a 200-day moving average of $38.40. Ibiden Co.,Ltd. has a 1 year low of $28.50 and a 1 year high of $32.25.

About Ibiden Co.,Ltd.

Ibiden Co,Ltd. provides electronic and ceramics products in Japan, rest of Asia, North America, Europe, and internationally. The company offers IC package substrate for use in personal computers, data centers, and AI applications; motherboard and printed wiring boards; automotive exhaust system components, including diesel particulate filters; substrate holding mats; high temperature insulation materials; and graphite specialty products.