Is OBIC CO LTD ORDINARY SHARES (OTCMKTS:OBIIF) a Buy? The Stock Reported Less Sellers

October 11, 2018 - By Linda Rogers

OBIC Co., Ltd. (OTCMKTS:OBIIF) Logo

The stock of OBIC CO LTD ORDINARY SHARES (OTCMKTS:OBIIF) registered a decrease of 27.54% in short interest. OBIIF’s total short interest was 34,200 shares in October as published by FINRA. Its down 27.54% from 47,200 shares, reported previously. With 100 shares average volume, it will take short sellers 342 days to cover their OBIIF’s short positions.

It closed at $84.61 lastly. It is down 0.00% since October 11, 2017 and is . It has underperformed by 15.62% the S&P500.

OBIC Co., Ltd., together with its subsidiaries, provides computer system integration, system support, office automation, and package software services. The company has market cap of $8.36 billion. The company's system integration services include developing ERP software products to provide integrated administrative systems comprising personnel, payroll, working condition management, marketing, and production systems. It has a 29.55 P/E ratio. The Company’s industry specific solutions consist of various industry and operation-specific systems that offer solutions tailored to the specific features of each business.

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