Ebara Co. (OTCMKTS:EBCOY) Short Interest Update

Ebara Co. (OTCMKTS:EBCOY) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 31,019 shares, an increase of 82.6% from the July 30th total of 16,990 shares. Based on an average trading volume of 117,943 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. raised shares of Ebara to a “hold” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Ebara Price Performance

Shares of OTCMKTS:EBCOY traded down $0.66 during trading on Friday, hitting $14.42. 101,216 shares of the stock were exchanged, compared to its average volume of 147,163. Ebara has a 1-year low of $10.06 and a 1-year high of $21.77. The company’s fifty day simple moving average is $17.54 and its 200-day simple moving average is $17.04.

Ebara Company Profile

Ebara Corporation (OTCMKTS:EBCOY) is a Tokyo‐headquartered engineering firm with a history dating back to its founding in 1912 as a pump manufacturer. Over more than a century of operations, the company has expanded its expertise to encompass a broad array of industrial and environmental machinery. Ebara’s core mission centers on delivering reliable, high‐performance equipment that supports critical infrastructure projects and industrial processes worldwide.

The company’s business is organized into three primary segments.