Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Short Interest Update

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 2,000 shares, an increase of 1,900.0% from the March 15th total of 100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.0% of the shares of the stock are sold short.

Hitachi Construction Machinery Stock Performance

Shares of Hitachi Construction Machinery stock opened at $54.29 on Wednesday. The company’s 50 day moving average price is $52.44 and its two-hundred day moving average price is $47.95. The firm has a market capitalization of $5.77 billion, a P/E ratio of 9.96 and a beta of 0.49. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.63 and a quick ratio of 0.75. Hitachi Construction Machinery has a fifty-two week low of $40.85 and a fifty-two week high of $60.13.

About Hitachi Construction Machinery

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.