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

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 137,941 shares, an increase of 176.0% from the June 30th total of 49,987 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 616,379 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Kawasaki Heavy Industries Stock Performance

Shares of KWHIY stock opened at $6.61 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 0.38. The firm has a fifty day moving average price of $7.22 and a 200 day moving average price of $22.02. The company has a market cap of $13.87 billion, a P/E ratio of 19.10 and a beta of 0.74. Kawasaki Heavy Industries has a 12 month low of $4.67 and a 12 month high of $9.73.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. (OTCMKTS: KWHIY) is a diversified Japanese conglomerate with core operations in shipbuilding, rolling stock, industrial machinery, aerospace and energy systems. The company traces its roots to 1896 when founder Shozo Kawasaki established a shipyard in Kobe, Japan. Today, the firm is headquartered in Kobe and Tokyo and is recognized as one of the world’s leading manufacturers of heavy equipment and engineering solutions.

In its marine division, Kawasaki Heavy Industries designs and constructs a broad range of vessels including LNG carriers, container ships and offshore support platforms.