Inpex Co. (OTCMKTS:IPXHY) Sees Significant Decrease in Short Interest

Inpex Co. (OTCMKTS:IPXHY - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 17,600 shares, a decrease of 29.3% from the April 30th total of 24,900 shares. Based on an average daily volume of 238,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Inpex Stock Performance

Shares of OTCMKTS:IPXHY traded up $0.07 on Thursday, reaching $13.69. 45,332 shares of the company's stock were exchanged, compared to its average volume of 138,727. The firm has a market capitalization of $17.08 billion, a price-to-earnings ratio of 6.03 and a beta of 0.54. Inpex has a fifty-two week low of $11.27 and a fifty-two week high of $16.06. The business's 50-day moving average is $12.81 and its two-hundred day moving average is $12.80. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 0.18.

Inpex (OTCMKTS:IPXHY - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $3.52 billion for the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%.

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.