Short Interest in Hitachi Constr (OTCMKTS:HTCMY) Declines By 80.0%

Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 100 shares, a drop of 80.0% from the August 31st total of 500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 0.5 days.Get Hitachi Constr alerts:Hitachi Constr Price PerformanceShares of OTCMKTS:HTCMY remained flat at $60.48 during trading on Wednesday. 13 shares of the company's stock were exchanged, compared to its average volume of 92. The firm has a market cap of $6.43 billion, a price-to-earnings ratio of 11.10 and a beta of 0.34. The company has a fifty day simple moving average of $62.34 and a two-hundred day simple moving average of $59.25. The company has a current ratio of 1.63, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. Hitachi Constr has a 52 week low of $42.50 and a 52 week high of $65.99. Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.73 EPS for the quarter. The firm had revenue of $2.12 billion during the quarter. As a group, research analysts anticipate that Hitachi Constr will post 4.76 EPS for the current year. Hitachi Constr Company Profile (Get Free Report)Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.Featured ArticlesFive stocks we like better than Hitachi ConstrInvesting In Preferred Stock vs. Common StockIs Intuitive Surgical the Hidden Winner in Healthcare’s Weakness?How to Invest in Biotech StocksLithium Americas Stock Exploded Last Week—Here’s WhyThe Significance of a Trillion-Dollar Market Cap Goes Beyond a NumberWhy Amazon’s Latest Upgrade Might Be Its Most Important YetThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Hitachi Constr Right Now?Before you consider Hitachi Constr, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hitachi Constr wasn't on the list.While Hitachi Constr currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here