Short Interest in Inpex Co. (OTCMKTS:IPXHF) Rises By 200.7%

Inpex Co. (OTCMKTS:IPXHF) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 3,570,200 shares, a growth of 200.7% from the August 31st total of 1,187,300 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 7,140.4 days.

Inpex Price Performance

Shares of IPXHF remained flat at $13.14 during mid-day trading on Friday. The stock has a 50-day simple moving average of $14.64 and a 200 day simple moving average of $14.93. Inpex has a 12 month low of $12.36 and a 12 month high of $17.00.

Inpex Company Profile

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.