Hitachi, Ltd. (OTCMKTS:HTHIY) Sees Significant Growth in Short Interest

Hitachi, Ltd. (OTCMKTS:HTHIY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 164,500 shares, a growth of 24.7% from the November 30th total of 131,900 shares. Based on an average trading volume of 173,400 shares, the days-to-cover ratio is presently 0.9 days.

Hitachi Stock Down 1.7 %

Shares of Hitachi stock traded down $0.71 on Tuesday, reaching $49.63. 129,742 shares of the company were exchanged, compared to its average volume of 196,195. The company has a market capitalization of $115.06 billion, a price-to-earnings ratio of 9.46, a PEG ratio of 1.48 and a beta of 0.81. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 0.16. Hitachi has a one year low of $27.73 and a one year high of $56.65. The company has a 50-day moving average of $50.89 and a 200 day moving average of $59.11.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.