Horiba Ltd. (OTCMKTS:HRIBF) Short Interest Down 42.4% in May

Horiba Ltd. (OTCMKTS:HRIBF - Get Free Report) saw a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 10,600 shares, a drop of 42.4% from the May 15th total of 18,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 0.0% of the shares of the company are short sold.

Horiba Stock Performance

OTCMKTS HRIBF remained flat at $61.03 during trading on Tuesday. The company has a fifty day moving average price of $61.03 and a two-hundred day moving average price of $59.36. Horiba has a 52-week low of $49.06 and a 52-week high of $100.67. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.36 and a quick ratio of 2.38. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 10.86 and a beta of 0.24.

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.