Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) Short Interest Down 57.1% in March

Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a decrease of 57.1% from the February 28th total of 700 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1.5 days.

Idemitsu Kosan Co.,Ltd. Price Performance

Shares of IDKOY traded down $0.05 during trading hours on Friday, reaching $14.65. The stock had a trading volume of 253 shares, compared to its average volume of 796. Idemitsu Kosan Co.,Ltd. has a 52 week low of $11.25 and a 52 week high of $16.85. The firm has a 50-day moving average of $14.04 and a 200 day moving average of $13.76.

Idemitsu Kosan Co.,Ltd. Company Profile

Idemitsu Kosan Co,Ltd. engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan and internationally. The company’s Petroleum segment engages in the procurement of crude oil and refining of petroleum products; sale of gasoline, diesel oil, kerosene, automotive lubricants, industrial kerosene, heavy oil, and aviation and marine fuel; and operation of hydrogen stations.