Short Interest in Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Increases By 130.4%

by · The Cerbat Gem

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 39,400 shares, an increase of 130.4% from the September 30th total of 17,100 shares. Based on an average trading volume of 22,100 shares, the days-to-cover ratio is currently 1.8 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Kawasaki Heavy Industries to a “strong-buy” rating in a research report on Thursday, September 12th.

Read Our Latest Analysis on Kawasaki Heavy Industries

Kawasaki Heavy Industries Trading Down 0.8 %

KWHIY stock traded down $0.12 during trading hours on Friday, hitting $15.28. The company’s stock had a trading volume of 2,182 shares, compared to its average volume of 21,783. The stock has a 50 day moving average price of $15.16 and a two-hundred day moving average price of $14.43. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.63 and a current ratio of 1.09. Kawasaki Heavy Industries has a 12 month low of $7.88 and a 12 month high of $18.25.

Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter. Kawasaki Heavy Industries had a net margin of 1.60% and a return on equity of 4.81%. The firm had revenue of $2.85 billion during the quarter. Analysts predict that Kawasaki Heavy Industries will post 0.88 EPS for the current fiscal year.

Kawasaki Heavy Industries Company Profile

(Get Free Report)

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.

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