Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Short Interest Up 637.5% in August

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 5,900 shares, a growth of 637.5% from the August 15th total of 800 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 3.9 days.

Kawasaki Heavy Industries Stock Performance

Kawasaki Heavy Industries stock opened at $10.68 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.21 and a quick ratio of 0.65. Kawasaki Heavy Industries has a 1-year low of $5.96 and a 1-year high of $11.36. The firm has a market capitalization of $4.31 billion, a P/E ratio of 10.07 and a beta of 0.94. The company’s 50-day moving average is $10.21 and its 200 day moving average is $9.43.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its earnings results on Tuesday, August 8th. The industrial products company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.11. The business had revenue of $2.95 billion for the quarter. Kawasaki Heavy Industries had a net margin of 3.24% and a return on equity of 10.39%. Research analysts forecast that Kawasaki Heavy Industries will post 1.04 EPS for the current 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.