Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY) Short Interest Update

Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 305 shares, a decline of 96.2% from the November 30th total of 8,057 shares. Based on an average daily trading volume, of 86 shares, the short-interest ratio is presently 3.5 days. Based on an average daily trading volume, of 86 shares, the short-interest ratio is presently 3.5 days.

Kawasaki Kisen Kaisha Stock Performance

OTCMKTS:KAIKY remained flat at $12.20 during mid-day trading on Wednesday. 32 shares of the company’s stock traded hands, compared to its average volume of 1,773. The business has a 50-day simple moving average of $14.33 and a 200 day simple moving average of $14.66. Kawasaki Kisen Kaisha has a 52-week low of $12.20 and a 52-week high of $13.62.

Kawasaki Kisen Kaisha Company Profile

Kawasaki Kisen Kaisha, Ltd., commonly known as “K” Line, is a leading global shipping company headquartered in Tokyo, Japan. The firm offers a comprehensive range of marine transportation services, including container shipping, dry bulk carriers, liquefied natural gas (LNG) transport, and specialized car‐carrier vessels. In addition to ocean freight, “K” Line provides integrated logistics solutions, terminal operations, and marine engineering support for offshore and heavy‐lift projects.

Founded in 1919 as a division of Kawasaki Heavy Industries, the company has evolved over the past century into one of the world’s major shipping operators.