OBIC Co.,Ltd. (OTCMKTS:OBIIF) Sees Significant Decrease in Short Interest

OBIC Co.,Ltd. (OTCMKTS:OBIIF - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,001,400 shares, a decline of 28.2% from the March 15th total of 1,394,400 shares. Approximately 0.2% of the company's stock are short sold. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 10,014.0 days.

OBIC Co.,Ltd. Stock Performance

OBIIF stock remained flat at $29.10 during trading on Wednesday. The firm has a market capitalization of $12.80 billion, a PE ratio of 31.98 and a beta of 0.58. OBIC Co.,Ltd. has a one year low of $24.75 and a one year high of $37.86. The firm has a 50 day moving average price of $28.77 and a two-hundred day moving average price of $29.59.

About OBIC Co.,Ltd.

OBIC Co,Ltd., together with its subsidiaries, provides system integration, system support, office automation, and package software services. It offers system integration services, including developing ERP software products to provide integrated administrative systems comprising personnel, payroll, working condition management, marketing, and production systems, as well as related training courses.