Komatsu Ltd. (OTCMKTS:KMTUY) Sees Significant Growth in Short Interest

Komatsu Ltd. (OTCMKTS:KMTUY) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 59,500 shares, a growth of 164.4% from the December 31st total of 22,500 shares. Based on an average daily volume of 264,900 shares, the short-interest ratio is currently 0.2 days.

Komatsu Stock Performance

Shares of OTCMKTS:KMTUY traded up $0.74 during trading on Wednesday, hitting $29.51. 77,659 shares of the stock were exchanged, compared to its average volume of 87,062. The company’s fifty day simple moving average is $27.32 and its 200-day simple moving average is $27.39. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.99. The company has a market capitalization of $28.06 billion, a price-to-earnings ratio of 10.69, a price-to-earnings-growth ratio of 5.57 and a beta of 1.05. Komatsu has a 1-year low of $24.05 and a 1-year high of $32.16.

Komatsu (OTCMKTS:KMTUY) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $0.67 earnings per share for the quarter. The business had revenue of $6.78 billion for the quarter. Komatsu had a net margin of 9.70% and a return on equity of 12.61%. Sell-side analysts expect that Komatsu will post 2.58 EPS for the current fiscal year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.