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

OBIC Co.,Ltd. logo with Computer and Technology background

OBIC Co.,Ltd. (OTCMKTS:OBIIF - Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 378,500 shares, a growth of 30.9% from the April 30th total of 289,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

OBIC Co.,Ltd. Stock Performance

OTCMKTS OBIIF remained flat at $36.44 on Thursday. OBIC Co.,Ltd. has a 12 month low of $24.75 and a 12 month high of $37.86. The stock has a market capitalization of $16.03 billion, a P/E ratio of 40.04 and a beta of 0.68. The stock's fifty day moving average price is $30.30 and its 200-day moving average price is $29.60.

About OBIC Co.,Ltd.

(Get Free Report)

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.

Further Reading

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