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Inpex Corp. (OTCMKTS:IPXHY) Sees Significant Decline in Short Interest

Inpex logo with Energy background

Key Points

  • Inpex Corp. experienced a significant 44.1% decline in short interest, with only 30,900 shares short sold as of July 31st, down from 55,300 shares on July 15th.
  • The company's stock price increased slightly, trading at $15.82, with trading volume of 20,992 shares compared to an average of 105,282 shares.
  • Inpex reported $0.56 earnings per share and revenues of $3.54 billion for the most recent quarter, with a net margin of 20.57%.
  • Five stocks we like better than Inpex.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 30,900 shares, adropof44.1% from the July 15th total of 55,300 shares. Based on an average daily volume of 69,300 shares, the days-to-cover ratio is presently 0.4 days. Currently,0.0% of the shares of the company are sold short. Currently,0.0% of the shares of the company are sold short. Based on an average daily volume of 69,300 shares, the days-to-cover ratio is presently 0.4 days.

Inpex Stock Performance

Shares of OTCMKTS:IPXHY traded up $0.42 during trading on Friday, hitting $16.58. 22,792 shares of the stock were exchanged, compared to its average volume of 27,500. Inpex has a 1-year low of $11.27 and a 1-year high of $17.28. The company has a market capitalization of $20.69 billion, a price-to-earnings ratio of 6.88 and a beta of 0.59. The company's fifty day simple moving average is $14.55 and its 200-day simple moving average is $13.53. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.27 and a current ratio of 1.37.

Inpex (OTCMKTS:IPXHY - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported $0.56 earnings per share for the quarter. Inpex had a return on equity of 9.05% and a net margin of 20.57%.The company had revenue of $3.54 billion for the quarter.

Inpex Company Profile

(Get Free Report)

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.

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