Short Interest in Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Grows By 135.3%

Key Points

• Short interest in Kawasaki Heavy Industries Ltd. increased by 135.3% in July, reaching a total of 8,000 shares by the end of the month.
• The company's stock price decreased by 0.5%, trading at $27.94, with a market capitalization of $11.70 billion.
• Kawasaki Heavy Industries missed earnings estimates for the quarter, reporting EPS of $0.07 compared to consensus estimates of $0.33.

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 8,000 shares, anincreaseof135.3% from the July 15th total of 3,400 shares. Approximately0.0% of the company's shares are short sold. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately0.0% of the company's shares are short sold.

Kawasaki Heavy Industries Stock Down 0.5%

Shares of KWHIY stock traded down $0.13 during trading on Friday, reaching $27.94. The company's stock had a trading volume of 9,437 shares, compared to its average volume of 42,778. The business has a fifty day moving average price of $28.98 and a 200-day moving average price of $25.07. The company has a quick ratio of 0.68, a current ratio of 1.10 and a debt-to-equity ratio of 0.50. The company has a market cap of $11.70 billion, a price-to-earnings ratio of 23.09 and a beta of 0.87. Kawasaki Heavy Industries has a one year low of $11.73 and a one year high of $33.73.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.26). Kawasaki Heavy Industries had a return on equity of 11.01% and a net margin of 3.49%. The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $460 billion.

Wall Street Analysts Forecast Growth

Separately, CLSA upgraded shares of Kawasaki Heavy Industries to a "hold" rating in a report on Thursday, June 19th.

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.

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