The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Down 66.7% in July

Key Points

• The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) experienced a significant drop in short interest, decreasing from 300 shares to just 100 shares in July, representing a 66.7% decline.
• As of July 15th, the short-interest ratio is 0.3 days, with 0.0% of the company's shares sold short due to low trading volumes.
• In its latest earnings report, Japan Steel Works posted a net margin of 7.21% and revenue of $497.32 million, with analysts forecasting 0.81 EPS for the current fiscal year.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 100 shares, adeclineof66.7% from the June 30th total of 300 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 0.3 days. Currently,0.0% of the shares of the stock are short sold.

Japan Steel Works Price Performance

Shares of Japan Steel Works stock traded down $0.37 during midday trading on Friday, hitting $31.00. 3 shares of the company traded hands, compared to its average volume of 554. The stock has a market cap of $4.61 billion, a price-to-earnings ratio of 38.75 and a beta of 0.51. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 1.76. The firm's fifty day moving average price is $27.62 and its 200-day moving average price is $22.39. Japan Steel Works has a 12 month low of $11.23 and a 12 month high of $33.56.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $497.32 million for the quarter. Japan Steel Works had a net margin of 7.21% and a return on equity of 9.70%. As a group, sell-side analysts forecast that Japan Steel Works will post 0.81 earnings per share for the current year.

Japan Steel Works Company Profile

The Japan Steel Works, Ltd. engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally. It operates through Industrial Machinery Products Business, and Material and Engineering Business segments. The Industrial Machinery Products Business segment offers plastic production and processing machinery, such as pelletizers, film and sheet manufacturing equipment, and twin-screw extruders; molding machines including plastic injection molding, magnesium injection molding, and blow molding machines; and other machinery consists of excimer laser annealing systems, defense equipment, railway products, hot press devices, vacuum laminators, and deposit systems, as well as after-sales services for plastics, mobility, high-performance batteries, electronic devices, and defense applications.