Short Interest in Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Drops By 74.1%

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 5,000 shares, a drop of 74.1% from the March 31st total of 19,300 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is currently 0.3 days.

Kawasaki Heavy Industries Stock Down 4.0 %

Shares of OTCMKTS:KWHIY traded down $0.51 on Thursday, hitting $12.01. 480,853 shares of the company traded hands, compared to its average volume of 29,769. Kawasaki Heavy Industries has a 52 week low of $7.88 and a 52 week high of $13.85. The company has a quick ratio of 0.60, a current ratio of 1.10 and a debt-to-equity ratio of 0.68. The stock has a 50 day simple moving average of $12.25 and a 200-day simple moving average of $10.11. The company has a market cap of $5.04 billion, a PE ratio of -73.62 and a beta of 0.91.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings results 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). Kawasaki Heavy Industries had a negative net margin of 0.57% and a negative return on equity of 1.71%. The company had revenue of $3.11 billion for the quarter. As a group, research analysts expect that Kawasaki Heavy Industries will post 0.21 earnings per share 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.