Ebara Co. (OTCMKTS:EBCOY) Sees Significant Increase in Short Interest

Ebara Co. (OTCMKTS:EBCOY – Get Rating) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 600 shares, a growth of 100.0% from the April 30th total of 300 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 0.4 days.

Ebara Stock Performance

EBCOY traded up $0.41 on Friday, reaching $22.90. 5,276 shares of the company traded hands, compared to its average volume of 14,552. The stock’s 50 day moving average price is $22.29 and its 200-day moving average price is $20.42. Ebara has a 52-week low of $15.59 and a 52-week high of $23.81.

About Ebara

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Ebara Corp. engages in the manufacture and sale of industrial machineries. It operates through the following segments: Fluid Machinery and Systems, Environmental Plants, Precision Machinery, and Others. The Fluid Machinery and Systems segment deals with the manufacture, sale, and maintenance of pumps, compressors, turbines, cooling machines, and blowers.