IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Down 99.5% in July

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 469 shares, a decrease of 99.5% from the July 15th total of 93,542 shares. Based on an average daily volume of 20,003 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

IBC Advanced Alloys Trading Up 11.0%

Shares of OTCMKTS IAALF opened at $0.15 on Wednesday. The company’s fifty day moving average is $0.12 and its 200-day moving average is $0.14. The stock has a market cap of $17.32 million, a price-to-earnings ratio of -7.50 and a beta of 1.11. IBC Advanced Alloys has a twelve month low of $0.03 and a twelve month high of $0.19. The company has a quick ratio of 0.23, a current ratio of 0.69 and a debt-to-equity ratio of 7.81.

IBC Advanced Alloys (OTCMKTS:IAALF) last released its quarterly earnings data on Friday, May 29th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $4.77 million during the quarter. IBC Advanced Alloys had a negative net margin of 10.73% and a negative return on equity of 110.06%.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.