Short Interest in Inpex Co. (OTCMKTS:IPXHF) Grows By 25.4%

Inpex Co. (OTCMKTS:IPXHF) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 3,800,300 shares, an increase of 25.4% from the October 15th total of 3,030,500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 19,001.5 days.

Inpex Trading Down 2.3 %

Inpex stock traded down $0.30 during mid-day trading on Friday, reaching $13.05. 481 shares of the company traded hands, compared to its average volume of 594. The firm’s fifty day moving average is $14.14 and its two-hundred day moving average is $14.78. Inpex has a fifty-two week low of $12.36 and a fifty-two week high of $17.00.

About Inpex

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.