Horiba Ltd. (OTCMKTS:HRIBF) Short Interest Update

Key Points

• Horiba Ltd. experienced a **113.1% increase** in short interest from September 15th to September 30th, rising from **13,700** to **29,200 shares**.
• The company's stock remained flat at **$84.00**, while its market cap stands at **$3.52 billion** and it has a **debt-to-equity ratio of 0.17**.
• In its latest earnings report, Horiba reported **$1.27 earnings per share**, exceeding estimates by **$0.22**, with revenue of **$534.76 million** for the quarter.

Horiba Ltd. (OTCMKTS:HRIBF - Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 29,200 shares, an increase of 113.1% from the September 15th total of 13,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 146.0 days. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 146.0 days.

Horiba Stock Performance

HRIBF remained flat at $84.00 during mid-day trading on Monday. The stock's fifty day simple moving average is $73.74 and its 200-day simple moving average is $65.47. The company has a current ratio of 3.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 14.63 and a beta of 0.22. Horiba has a fifty-two week low of $73.11 and a fifty-two week high of $84.00.

Horiba (OTCMKTS:HRIBF - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.22. The company had revenue of $534.76 million for the quarter, compared to analyst estimates of $533.30 million. Horiba had a net margin of 11.19% and a return on equity of 12.26%.

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.

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