Ebara Co. (OTCMKTS:EBCOY) Short Interest Update

Ebara Co. (OTCMKTS:EBCOY) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 16,990 shares, a drop of 68.0% from the July 15th total of 53,086 shares. Based on an average trading volume of 208,318 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. upgraded shares of Ebara to a “hold” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Ebara Price Performance

Shares of EBCOY traded down $1.74 during mid-day trading on Friday, hitting $17.00. The stock had a trading volume of 38,327 shares, compared to its average volume of 148,288. Ebara has a fifty-two week low of $10.06 and a fifty-two week high of $21.77. The company’s fifty day simple moving average is $18.10 and its two-hundred day simple moving average is $17.05.

Ebara (OTCMKTS:EBCOY) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06).

Ebara Company Profile

Ebara Corporation (OTCMKTS:EBCOY) is a Tokyo‐headquartered engineering firm with a history dating back to its founding in 1912 as a pump manufacturer. Over more than a century of operations, the company has expanded its expertise to encompass a broad array of industrial and environmental machinery. Ebara’s core mission centers on delivering reliable, high‐performance equipment that supports critical infrastructure projects and industrial processes worldwide.

The company’s business is organized into three primary segments.