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 increase in short interest in January. As of January 31st, there was short interest totalling 1,600 shares, an increase of 700.0% from the January 15th total of 200 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 1.6 days.

Hitachi Construction Machinery Stock Performance

OTCMKTS HTCMY opened at $49.75 on Thursday. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 9.13 and a beta of 0.61. Hitachi Construction Machinery has a 52 week low of $40.85 and a 52 week high of $62.15. The business has a 50 day moving average price of $45.64 and a 200-day moving average price of $46.32. The company has a quick ratio of 0.75, a current ratio of 1.63 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.