Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Short Interest Update

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 11,836 shares, a growth of 193.1% from the August 15th total of 4,038 shares. Based on an average daily trading volume, of 329,720 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Kawasaki Heavy Industries Price Performance

KWHIY stock opened at $6.00 on Tuesday. The firm has a 50 day moving average of $6.67 and a 200-day moving average of $14.39. The company has a market cap of $13.15 billion, a price-to-earnings ratio of 23.08 and a beta of 0.74. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.38. Kawasaki Heavy Industries has a 12-month low of $4.86 and a 12-month high of $9.73.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings data on Friday, August 7th. The industrial products company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.02). The firm had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Kawasaki Heavy Industries had a net margin of 4.74% and a return on equity of 13.40%.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and supplies transportation equipment, machinery, infrastructure systems and other advanced industrial products. The company traces its origins to a shipyard established by Shozo Kawasaki in 1878 and was incorporated as Kawasaki Dockyard in 1896.

The company operates across several business areas, including aerospace systems, rolling stock, energy and environmental solutions, precision machinery and robotics, shipbuilding, and motorcycles and engines.