Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Sees Significant Growth in Short Interest

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) saw a large growth in short interest in the month of February. As of February 29th, there was short interest totalling 12,200 shares, a growth of 212.8% from the February 14th total of 3,900 shares. Based on an average trading volume of 13,500 shares, the days-to-cover ratio is currently 0.9 days.

Kawasaki Heavy Industries Stock Down 0.2 %

KWHIY stock traded down $0.03 during trading on Wednesday, reaching $12.35. 50,161 shares of the company’s stock were exchanged, compared to its average volume of 34,777. The company has a current ratio of 1.10, a quick ratio of 0.60 and a debt-to-equity ratio of 0.68. The company’s fifty day moving average price is $10.03 and its 200-day moving average price is $9.56. Kawasaki Heavy Industries has a 1-year low of $7.88 and a 1-year high of $13.37.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its quarterly earnings data on Friday, February 9th. The industrial products company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.15). The firm had revenue of $3.11 billion during the quarter. Kawasaki Heavy Industries had a negative net margin of 0.57% and a negative return on equity of 1.71%. On average, sell-side analysts predict that Kawasaki Heavy Industries will post 0.28 earnings per share for the current fiscal year.

About Kawasaki Heavy Industries

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.