Short Interest in Inpex Co. (OTCMKTS:IPXHY) Increases By 1,886.7%

Inpex Co. (OTCMKTS:IPXHY – Get Rating) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 29,800 shares, a growth of 1,886.7% from the April 30th total of 1,500 shares. Based on an average trading volume of 271,900 shares, the short-interest ratio is currently 0.1 days.

Inpex Stock Performance

OTCMKTS IPXHY opened at $11.04 on Friday. The company has a market cap of $15.31 billion, a P/E ratio of 4.84 and a beta of 1.20. The business’s 50 day moving average price is $10.74 and its 200-day moving average price is $10.77. Inpex has a fifty-two week low of $9.14 and a fifty-two week high of $13.48.

Inpex Company Profile

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INPEX Corp. engages in the research, exploration, development, production and sales of oil and natural gas and other mineral resources. It operates through in the following geographic segments: Japan; Asia and Oceania; Eurasia; Middle East and Africa; and Americas. The company was founded on April 3, 2006 and is headquartered in Tokyo, Japan.