Kansai Paint Co., Ltd. (OTCMKTS:KSANF) Short Interest Down 6.8% in August

Kansai Paint Co., Ltd. (OTCMKTS:KSANF) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 122,400 shares, a decrease of 6.8% from the August 15th total of 131,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Ratings Changes

Several research firms recently commented on KSANF. Nomura downgraded shares of Kansai Paint from a “buy” rating to a “neutral” rating in a report on Thursday, August 17th. The Goldman Sachs Group raised shares of Kansai Paint from a “sell” rating to a “neutral” rating in a report on Thursday, July 20th.

Kansai Paint Stock Performance

OTCMKTS KSANF opened at $16.84 on Tuesday. Kansai Paint has a 1 year low of $12.42 and a 1 year high of $16.84. The company’s 50 day simple moving average is $16.27 and its two-hundred day simple moving average is $15.00.

Kansai Paint Company Profile

Kansai Paint Co, Ltd., together with its subsidiaries, manufactures and sells paints and coatings in Japan, India, Asia, Africa, Europe, and internationally. The company offers decorative coatings for protecting exterior and interior of buildings; protective coatings; automotive refinish coatings; automotive coatings; and industrial coatings that are used in construction machinery, industrial vehicles, steel furniture, external building materials, electronics, and internal coatings and external designs of beverage cans.