Short Interest in Inpex Co. (OTCMKTS:IPXHY) Decreases By 87.3%

Inpex Co. (OTCMKTS:IPXHY) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 2,000 shares, a decline of 87.3% from the October 31st total of 15,800 shares. Based on an average daily volume of 258,100 shares, the short-interest ratio is presently 0.0 days.

Inpex Stock Down 0.3 %

IPXHY traded down $0.04 during trading hours on Friday, hitting $12.76. 80,827 shares of the company’s stock were exchanged, compared to its average volume of 146,315. The firm has a market cap of $15.92 billion, a P/E ratio of 6.32 and a beta of 0.97. Inpex has a 12-month low of $12.47 and a 12-month high of $17.42. The company has a current ratio of 1.44, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. The firm has a 50 day moving average of $13.42 and a 200 day moving average of $14.26.

About Inpex

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.