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

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

Kawasaki Kisen Kaisha Price Performance

OTCMKTS:KAIKY opened at $14.54 on Thursday. The business’s 50-day simple moving average is $13.60 and its two-hundred day simple moving average is $14.49. Kawasaki Kisen Kaisha has a 52 week low of $12.20 and a 52 week 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.