Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY) Sees Significant Drop in Short Interest

Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 215 shares, a decline of 13.7% from the December 31st total of 249 shares. Based on an average daily volume of 1,325 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 1,325 shares, the days-to-cover ratio is currently 0.2 days.

Kawasaki Kisen Kaisha Price Performance

Shares of OTCMKTS KAIKY opened at $14.54 on Tuesday. The company’s fifty day moving average price is $13.56 and its 200 day moving average price is $14.49. Kawasaki Kisen Kaisha has a 1 year low of $12.20 and a 1 year high of $14.54.

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.