Inpex Corp. (OTCMKTS:IPXHY) Short Interest Update

Inpex Corp. (OTCMKTS:IPXHY) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 111,313 shares, an increase of 36.3% from the November 30th total of 81,695 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 94,851 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 94,851 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the shares of the stock are sold short.

Inpex Price Performance

Shares of IPXHY stock traded down $0.44 during trading on Wednesday, hitting $19.94. The company had a trading volume of 17,217 shares, compared to its average volume of 79,882. The stock’s 50-day moving average is $19.83 and its two-hundred day moving average is $17.32. The stock has a market capitalization of $24.88 billion, a price-to-earnings ratio of 8.34 and a beta of 0.37. The company has a quick ratio of 1.40, a current ratio of 1.49 and a debt-to-equity ratio of 0.16. Inpex has a 52 week low of $11.27 and a 52 week high of $22.00.

Inpex (OTCMKTS:IPXHY) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.40 EPS for the quarter. The business had revenue of $3.20 billion during the quarter. Inpex had a net margin of 21.08% and a return on equity of 8.85%.

About Inpex

INPEX is a Japan-based energy company primarily engaged in the exploration, development, production and sale of oil and natural gas resources. The company’s activities span upstream exploration and field development, midstream project execution — notably liquefied natural gas (LNG) facilities — and related resource management and commercial operations. INPEX’s portfolio includes conventional and unconventional hydrocarbon assets and associated engineering and project-management expertise to bring complex developments into production.

INPEX is known for participation and leadership in large-scale LNG projects, including the Ichthys LNG development off northern Australia, which represents a core midstream and export capability in the company’s business mix.