Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 305 shares, a drop of 96.2% from the November 30th total of 8,057 shares. Based on an average daily volume of 86 shares, the days-to-cover ratio is presently 3.5 days. Based on an average daily volume of 86 shares, the days-to-cover ratio is presently 3.5 days.
Kawasaki Kisen Kaisha Stock Performance
KAIKY remained flat at $12.20 during trading on Friday. Kawasaki Kisen Kaisha has a fifty-two week low of $12.20 and a fifty-two week high of $13.62. The firm’s fifty day simple moving average is $14.28 and its two-hundred day simple moving average is $14.64.
Kawasaki Kisen Kaisha Company Profile
Kawasaki Kisen Kaisha, Ltd., commonly known as “K” Line, is a leading global shipping company headquartered in Tokyo, Japan. The firm offers a comprehensive range of marine transportation services, including container shipping, dry bulk carriers, liquefied natural gas (LNG) transport, and specialized car‐carrier vessels. In addition to ocean freight, “K” Line provides integrated logistics solutions, terminal operations, and marine engineering support for offshore and heavy‐lift projects.
Founded in 1919 as a division of Kawasaki Heavy Industries, the company has evolved over the past century into one of the world’s major shipping operators.
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