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

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 2,500 shares, a growth of 150.0% from the November 15th total of 1,000 shares. Based on an average trading volume of 15,000 shares, the days-to-cover ratio is currently 0.2 days.

Kawasaki Heavy Industries Stock Down 0.5 %

Kawasaki Heavy Industries stock traded down $0.09 during mid-day trading on Friday, hitting $17.04. 3,650 shares of the company’s stock were exchanged, compared to its average volume of 20,140. Kawasaki Heavy Industries has a 1-year low of $7.88 and a 1-year high of $18.50. The stock has a 50 day moving average of $16.49 and a two-hundred day moving average of $15.13. The company has a current ratio of 1.09, a quick ratio of 0.63 and a debt-to-equity ratio of 0.53. The stock has a market cap of $7.15 billion, a P/E ratio of 17.04 and a beta of 0.97.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Kawasaki Heavy Industries to a “strong-buy” rating in a research report on Thursday, September 12th.

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.