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

Key Points

• Kawasaki Heavy Industries Ltd. experienced a dramatic increase in short interest, rising by 1,133.3% in August, totaling 40,700 shares by August 31st.
• The company's stock price rose by 2.6%, reaching $25.35, while it has a 12-month trading range between $12.60 and $33.73.
• Kawasaki reported disappointing earnings of $0.07 per share for the last quarter, falling short of expectations of $0.33, with revenues of $3.31 billion.

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 40,700 shares, an increase of 1,133.3% from the August 15th total of 3,300 shares. Based on an average daily volume of 74,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company's stock are sold short. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 74,900 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, CLSA raised shares of Kawasaki Heavy Industries to a "hold" rating in a report on Thursday, June 19th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Kawasaki Heavy Industries Stock Performance

Shares of KWHIY stock traded up $0.33 during trading on Tuesday, reaching $25.57. The company had a trading volume of 31,151 shares, compared to its average volume of 33,919. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.67. The firm's 50 day simple moving average is $27.24 and its two-hundred day simple moving average is $25.91. The company has a market capitalization of $10.71 billion, a PE ratio of 21.13 and a beta of 0.88. Kawasaki Heavy Industries has a one year low of $14.04 and a one year high of $33.73.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.26). The company had revenue of $3.31 billion during the quarter, compared to analyst estimates of $460 billion. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%.

Kawasaki Heavy Industries Company Profile

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.