Short Interest in Inpex Co. (OTCMKTS:IPXHF) Increases By 13.1%

Inpex Co. (OTCMKTS:IPXHF) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 2,509,400 shares, an increase of 13.1% from the December 31st total of 2,219,100 shares. Based on an average daily trading volume, of 22,600 shares, the short-interest ratio is currently 111.0 days.

Inpex Stock Up 12.6 %

Shares of OTCMKTS IPXHF traded up $1.51 during mid-day trading on Monday, hitting $13.54. The company had a trading volume of 25 shares, compared to its average volume of 1,961. The business’s 50-day simple moving average is $12.00 and its 200 day simple moving average is $13.60. Inpex has a 1-year low of $10.99 and a 1-year high of $17.00.

About Inpex

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.