Ibiden Co.,Ltd. (OTCMKTS:IBIDF) Sees Large Increase in Short Interest

Ibiden Co.,Ltd. (OTCMKTS:IBIDF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,269,100 shares, an increase of 70.4% from the December 31st total of 3,092,917 shares. Based on an average daily trading volume, of 40 shares, the days-to-cover ratio is currently 131,727.5 days. Based on an average daily trading volume, of 40 shares, the days-to-cover ratio is currently 131,727.5 days.

Ibiden Co.,Ltd. Stock Performance

IBIDF stock opened at $81.00 on Friday. Ibiden Co.,Ltd. has a 52-week low of $21.94 and a 52-week high of $91.43. The company’s 50 day simple moving average is $79.47 and its 200-day simple moving average is $64.62.

Ibiden Co.,Ltd. Company Profile

Ibiden Co, Ltd., founded in 1912 and headquartered in Ogaki, Gifu Prefecture, Japan, is a diversified manufacturing company with a core focus on electronics, automotive and environmental technology. Originally established as a specialist in fiber and paper-based materials, the company transitioned into high-precision manufacturing during the mid-20th century and has since built a global presence in advanced materials and components.

In its electronics segment, Ibiden produces printed circuit boards (PCBs) and semiconductor packaging substrates used in a range of consumer, industrial and telecommunications applications.