Inpex Co. (OTCMKTS:IPXHY) Short Interest Up 242.7% in December

Inpex Co. (OTCMKTS:IPXHY) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 179,900 shares, a growth of 242.7% from the December 15th total of 52,500 shares. Based on an average daily volume of 422,500 shares, the days-to-cover ratio is currently 0.4 days.

Inpex Stock Performance

Shares of OTCMKTS:IPXHY traded down $0.16 during trading on Tuesday, reaching $12.49. 332,973 shares of the stock were exchanged, compared to its average volume of 173,769. The firm has a market cap of $15.58 billion, a PE ratio of 6.18 and a beta of 0.95. The stock has a 50-day moving average price of $12.86 and a 200-day moving average price of $13.73. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 0.18. Inpex has a 12 month low of $11.85 and a 12 month high of $17.42.

Inpex Company Profile

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.