Short Interest in Inpex Co. (OTCMKTS:IPXHY) Declines By 87.3%

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 2,000 shares, a drop of 87.3% from the October 31st total of 15,800 shares. Based on an average daily trading volume, of 258,100 shares, the short-interest ratio is currently 0.0 days.

Inpex Stock Performance

OTCMKTS IPXHY traded down $0.04 during trading hours on Friday, hitting $12.76. The company had a trading volume of 80,827 shares, compared to its average volume of 146,315. Inpex has a fifty-two week low of $12.47 and a fifty-two week high of $17.42. The company has a quick ratio of 1.33, a current ratio of 1.44 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $13.42 and a 200-day simple moving average of $14.26. The firm has a market cap of $15.92 billion, a P/E ratio of 6.32 and a beta of 0.97.

About Inpex

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.