Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Shares Shorted: Short Interest Up 85.7% in September

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 21,980 shares, an increase of 85.7% from the August 31st total of 11,836 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 784,251 shares, the short-interest ratio is currently 0.0 days.

Kawasaki Heavy Industries Stock Down 1.2%

Shares of OTCMKTS:KWHIY traded down $0.07 during midday trading on Tuesday, hitting $5.99. 134,047 shares of the company’s stock traded hands, compared to its average volume of 284,433. Kawasaki Heavy Industries has a twelve month low of $4.86 and a twelve month high of $9.73. The company has a market cap of $13.13 billion, a PE ratio of 23.04 and a beta of 0.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.70 and a current ratio of 1.16. The firm’s fifty day moving average price is $6.53 and its two-hundred day moving average price is $11.77.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings data on Friday, August 7th. The industrial products company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.02). The company had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Kawasaki Heavy Industries had a net margin of 4.74% and a return on equity of 13.40%.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein started coverage on Kawasaki Heavy Industries in a report on Tuesday, September 15th. They set a “hold” rating for the company. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and supplies transportation equipment, machinery, infrastructure systems and other advanced industrial products. The company traces its origins to a shipyard established by Shozo Kawasaki in 1878 and was incorporated as Kawasaki Dockyard in 1896.

The company operates across several business areas, including aerospace systems, rolling stock, energy and environmental solutions, precision machinery and robotics, shipbuilding, and motorcycles and engines.