Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) Short Interest Down 57.1% in March

Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 300 shares, a decrease of 57.1% from the February 28th total of 700 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1.5 days.

Idemitsu Kosan Co.,Ltd. Stock Performance

Shares of OTCMKTS IDKOY opened at $14.70 on Friday. The business has a 50-day simple moving average of $14.00 and a two-hundred day simple moving average of $13.76. Idemitsu Kosan Co.,Ltd. has a 52 week low of $11.25 and a 52 week high of $16.85.

About Idemitsu Kosan Co.,Ltd.

Idemitsu Kosan Co,Ltd. engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan and internationally. The company’s Petroleum segment engages in the procurement of crude oil and refining of petroleum products; sale of gasoline, diesel oil, kerosene, automotive lubricants, industrial kerosene, heavy oil, and aviation and marine fuel; and operation of hydrogen stations.