Ibiden Co.,Ltd. (OTCMKTS:IBIDF – Get Free Report) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,966,185 shares, a decrease of 16.7% from the February 12th total of 7,157,996 shares. Based on an average daily trading volume, of 1,232 shares, the days-to-cover ratio is presently 4,842.7 days. Based on an average daily trading volume, of 1,232 shares, the days-to-cover ratio is presently 4,842.7 days.
Ibiden Co.,Ltd. Price Performance
IBIDF opened at $51.29 on Monday. Ibiden Co.,Ltd. has a 12-month low of $12.38 and a 12-month high of $61.37. The business’s fifty day simple moving average is $66.45 and its 200-day simple moving average is $67.83.
About Ibiden Co.,Ltd.
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.
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