Short Interest in Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Drops By 14.6%

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 4,100 shares, a decline of 14.6% from the December 15th total of 4,800 shares. Based on an average daily volume of 8,700 shares, the short-interest ratio is presently 0.5 days.

Kawasaki Heavy Industries Stock Performance

OTCMKTS:KWHIY traded up $0.15 on Friday, hitting $17.70. The company’s stock had a trading volume of 2,517 shares, compared to its average volume of 13,392. The company has a current ratio of 1.08, a quick ratio of 0.60 and a debt-to-equity ratio of 0.52. Kawasaki Heavy Industries has a one year low of $8.69 and a one year high of $18.75. The stock has a fifty day moving average of $17.17 and a two-hundred day moving average of $15.63. The firm has a market capitalization of $7.43 billion, a P/E ratio of 17.70 and a beta of 0.93.

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.