Short Interest in Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Declines By 97.7%

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 900 shares, a decline of 97.7% from the October 15th total of 39,400 shares. Based on an average daily trading volume, of 19,400 shares, the short-interest ratio is currently 0.0 days.

Kawasaki Heavy Industries Trading Down 0.9 %

Shares of KWHIY stock traded down $0.16 during mid-day trading on Thursday, hitting $17.09. The company’s stock had a trading volume of 1,317 shares, compared to its average volume of 21,306. The company’s fifty day simple moving average is $15.81 and its 200-day simple moving average is $14.75. Kawasaki Heavy Industries has a 52 week low of $7.88 and a 52 week high of $18.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.63 and a current ratio of 1.09. The company has a market cap of $7.18 billion, a PE ratio of 17.25 and a beta of 0.98.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Kawasaki Heavy Industries to a “strong-buy” rating in a 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.