HORIBA, Ltd. (OTCMKTS:HRIBF) Short Interest Up 366.7% in July

HORIBA, Ltd. (OTCMKTS:HRIBF) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 28,000 shares, an increase of 366.7% from the June 30th total of 6,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 280.0 days.

HORIBA Price Performance

OTCMKTS HRIBF remained flat at $83.69 during mid-day trading on Friday. HORIBA has a 52 week low of $51.03 and a 52 week high of $100.67. The stock has a 50 day moving average price of $82.29 and a 200-day moving average price of $85.83.

HORIBA (OTCMKTS:HRIBF) last posted its earnings results on Tuesday, May 14th. The company reported $1.12 earnings per share (EPS) for the quarter. The company had revenue of $473.08 million during the quarter. HORIBA had a net margin of 11.45% and a return on equity of 12.75%. As a group, analysts anticipate that HORIBA will post 5.26 earnings per share for the current fiscal year.

About HORIBA

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.