HORIBA, Ltd. (OTCMKTS:HRIBF) Sees Significant Drop in Short Interest

HORIBA, Ltd. (OTCMKTS:HRIBF - Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 21,200 shares, a decline of 29.6% from the March 31st total of 30,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.1% of the company's shares are short sold.

HORIBA Stock Performance

OTCMKTS:HRIBF remained flat at $61.03 during trading hours on Monday. The firm has a market cap of $2.56 billion, a PE ratio of 11.60 and a beta of 0.13. HORIBA has a 1-year low of $49.06 and a 1-year high of $100.67. The stock's fifty day simple moving average is $61.03 and its 200 day simple moving average is $58.61. The company has a current ratio of 3.36, a quick ratio of 2.19 and a debt-to-equity ratio of 0.18.

HORIBA Company Profile

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.