Short Interest in Komatsu Ltd. (OTCMKTS:KMTUY) Grows By 335.5%

Key Points

• Komatsu Ltd. experienced a dramatic increase in short interest of 335.5% in July, totaling 46,600 shares by month-end.
• The company's quarterly earnings report showed an EPS of $0.69, falling short of analysts' estimates of $0.74, alongside revenue of $6.12 billion versus the expected $6.49 billion.
• As of Friday, shares of Komatsu traded up to $34.35, with a market capitalization of approximately $32.67 billion and a P/E ratio of 11.26.

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 46,600 shares, agrowthof335.5% from the July 15th total of 10,700 shares. Approximately0.0% of the company's stock are short sold. Based on an average daily volume of 741,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 741,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the company's stock are short sold.

Komatsu Stock Down 1.5%

KMTUY traded down $0.51 on Wednesday, hitting $33.67. The company had a trading volume of 40,919 shares, compared to its average volume of 248,549. The stock has a market capitalization of $32.02 billion, a price-to-earnings ratio of 11.04, a P/E/G ratio of 6.90 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.15 and a current ratio of 2.00. The stock has a fifty day moving average price of $32.90 and a 200-day moving average price of $30.76. Komatsu has a 12-month low of $24.54 and a 12-month high of $37.27.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.05). Komatsu had a net margin of 10.37% and a return on equity of 13.05%. The firm had revenue of $6.12 billion for the quarter, compared to analysts' expectations of $6.49 billion. Analysts predict that Komatsu will post 2.73 EPS for the current fiscal year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.