OBIC Co.,Ltd. (OTCMKTS:OBIIF) Short Interest Down 28.2% in April

OBIC Co.,Ltd. (OTCMKTS:OBIIF - Get Free Report) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 719,500 shares, a decline of 28.2% from the March 31st total of 1,001,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 7,195.0 days. Approximately 0.2% of the shares of the company are sold short.

OBIC Co.,Ltd. Stock Performance

Shares of OBIIF stock remained flat at $29.10 during trading on Monday. OBIC Co.,Ltd. has a one year low of $24.75 and a one year high of $37.86. The company has a market cap of $12.80 billion, a price-to-earnings ratio of 31.98 and a beta of 0.58. The business's 50 day moving average is $28.80 and its 200 day moving average is $29.29.

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.