IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Sees Large Drop in Short Interest

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 3,900 shares, a drop of 67.5% from the October 31st total of 12,000 shares. Based on an average daily volume of 133,500 shares, the short-interest ratio is currently 0.0 days.

IBC Advanced Alloys Price Performance

IAALF traded down $0.00 during trading on Wednesday, hitting $0.07. The company’s stock had a trading volume of 10,000 shares, compared to its average volume of 46,775. The firm’s 50 day moving average price is $0.06 and its two-hundred day moving average price is $0.05. The company has a quick ratio of 0.28, a current ratio of 0.73 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $7.54 million, a price-to-earnings ratio of 3.33 and a beta of 1.16. IBC Advanced Alloys has a 12 month low of $0.03 and a 12 month high of $0.09.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.