Ibiden Co.,Ltd. (OTCMKTS:IBIDF) Short Interest Up 37.5% in December

Ibiden Co.,Ltd. (OTCMKTS:IBIDF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,142,413 shares, an increase of 37.5% from the November 30th total of 1,557,740 shares. Based on an average daily volume of 165 shares, the days-to-cover ratio is presently 12,984.3 days. Based on an average daily volume of 165 shares, the days-to-cover ratio is presently 12,984.3 days.

Ibiden Co.,Ltd. Stock Performance

Shares of OTCMKTS:IBIDF opened at $81.00 on Tuesday. Ibiden Co.,Ltd. has a twelve month low of $21.94 and a twelve month high of $91.43. The business has a fifty day moving average of $80.21 and a 200-day moving average of $58.27.

About Ibiden Co.,Ltd.

Ibiden Co, Ltd., founded in 1912 and headquartered in Ogaki, Gifu Prefecture, Japan, is a diversified manufacturing company with a core focus on electronics, automotive and environmental technology. Originally established as a specialist in fiber and paper-based materials, the company transitioned into high-precision manufacturing during the mid-20th century and has since built a global presence in advanced materials and components.

In its electronics segment, Ibiden produces printed circuit boards (PCBs) and semiconductor packaging substrates used in a range of consumer, industrial and telecommunications applications.