Short Interest in IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Declines By 87.2%

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 20,578 shares, a decrease of 87.2% from the January 15th total of 161,083 shares. Based on an average daily volume of 335,617 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 335,617 shares, the short-interest ratio is presently 0.1 days.

IBC Advanced Alloys Trading Up 13.5%

OTCMKTS:IAALF traded up $0.02 during trading hours on Tuesday, hitting $0.16. The stock had a trading volume of 286,869 shares, compared to its average volume of 114,456. IBC Advanced Alloys has a one year low of $0.03 and a one year high of $0.19. The business’s 50 day moving average is $0.15 and its 200-day moving average is $0.11. The company has a market cap of $18.17 million, a price-to-earnings ratio of -5.26 and a beta of 1.27. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.17 and a current ratio of 0.62.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings data on Monday, December 1st. The company reported ($0.01) EPS for the quarter. IBC Advanced Alloys had a negative net margin of 17.02% and a negative return on equity of 95.16%. The company had revenue of $4.17 million during the quarter.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.