The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Down 49.2% in July

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 392 shares, a drop of 49.2% from the July 15th total of 772 shares. Based on an average daily trading volume, of 63 shares, the days-to-cover ratio is presently 6.2 days. Approximately 0.0% of the shares of the company are sold short.

Japan Steel Works Stock Performance

JPSWY traded down $0.58 during trading on Tuesday, hitting $24.09. The stock had a trading volume of 3 shares, compared to its average volume of 215. The firm has a market cap of $3.59 billion, a PE ratio of 26.47 and a beta of 0.35. The company has a current ratio of 2.41, a quick ratio of 1.33 and a debt-to-equity ratio of 0.35. Japan Steel Works has a 12 month low of $21.57 and a 12 month high of $40.40. The company has a 50 day simple moving average of $24.26 and a 200-day simple moving average of $27.61.

About Japan Steel Works

The Japan Steel Works, Ltd. engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally. It operates through Industrial Machinery Products Business, and Material and Engineering Business segments. The Industrial Machinery Products Business segment offers plastic production and processing machinery, such as pelletizers, film and sheet manufacturing equipment, and twin-screw extruders; molding machines including plastic injection molding, magnesium injection molding, and blow molding machines; and other machinery consists of excimer laser annealing systems, defense equipment, railway products, hot press devices, vacuum laminators, and deposit systems, as well as after-sales services for plastics, mobility, high-performance batteries, electronic devices, and defense applications.