Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY) Sees Large Decrease in Short Interest

Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 249 shares, a decrease of 18.4% from the December 15th total of 305 shares. Based on an average trading volume of 65 shares, the short-interest ratio is presently 3.8 days. Based on an average trading volume of 65 shares, the short-interest ratio is presently 3.8 days.

Kawasaki Kisen Kaisha Stock Performance

Kawasaki Kisen Kaisha stock opened at $14.44 on Monday. The stock has a fifty day moving average price of $13.71 and a two-hundred day moving average price of $14.56. Kawasaki Kisen Kaisha has a 52-week low of $12.20 and a 52-week high of $14.44.

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.