JFE Holdings, Inc. (OTCMKTS:JFEEF) Short Interest Up 11.7% in March

JFE Holdings, Inc. (OTCMKTS:JFEEF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 474,400 shares, a growth of 11.7% from the March 15th total of 424,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

JFE Price Performance

Shares of JFE stock remained flat at $17.16 on Tuesday. The firm has a 50-day moving average of $16.04 and a 200 day moving average of $15.32. The company has a current ratio of 1.66, a quick ratio of 0.80 and a debt-to-equity ratio of 0.56. JFE has a 12 month low of $12.21 and a 12 month high of $17.16.

JFE (OTCMKTS:JFEEF) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.54 earnings per share for the quarter. JFE had a net margin of 3.44% and a return on equity of 7.67%. The firm had revenue of $8.73 billion during the quarter. As a group, equities research analysts forecast that JFE will post 2.09 earnings per share for the current year.

About JFE

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.