Short Interest in Kansai Paint Co., Ltd. (OTCMKTS:KSANF) Declines By 15.3%

Kansai Paint Co., Ltd. (OTCMKTS:KSANF) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 908,700 shares, a decline of 15.3% from the February 28th total of 1,073,100 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 1,514.5 days.

Kansai Paint Price Performance

OTCMKTS KSANF remained flat at $14.65 during trading hours on Thursday. The firm’s 50 day moving average price is $16.17 and its two-hundred day moving average price is $17.02. Kansai Paint has a 52-week low of $13.89 and a 52-week high of $14.65.

Kansai Paint Company Profile

Kansai Paint Co, Ltd., together with its subsidiaries, manufactures and sells paints and coatings in Japan, India, Asia, Africa, Europe, and internationally. The company offers decorative coatings for protecting exterior and interior of buildings; automotive refinish coatings for dents and scrapes; and industrial coatings that are used in agricultural machinery, special-purpose vehicles, exterior building materials, metal products, beverage cans, and precoated metals used in metallic building materials and home appliances.