Short Interest in HORIBA, Ltd. (OTCMKTS:HRIBF) Expands By 123.8%

HORIBA, Ltd. (OTCMKTS:HRIBF) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 70,500 shares, a growth of 123.8% from the November 30th total of 31,500 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 705.0 days.

HORIBA Price Performance

Shares of OTCMKTS HRIBF remained flat at $58.23 during trading hours on Friday. The company has a quick ratio of 2.19, a current ratio of 3.29 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.46 billion, a PE ratio of 10.42 and a beta of 0.16. HORIBA has a 12 month low of $49.06 and a 12 month high of $100.67. The stock’s 50 day moving average price is $55.83 and its 200-day moving average price is $65.95.

About HORIBA

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.