Komatsu Ltd. (OTCMKTS:KMTUY) Sees Large Decline in Short Interest

Komatsu Ltd. (OTCMKTS:KMTUY) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 13,600 shares, a decrease of 69.6% from the November 15th total of 44,800 shares. Based on an average daily trading volume, of 187,300 shares, the days-to-cover ratio is currently 0.1 days.

Komatsu Price Performance

OTCMKTS KMTUY traded up $0.54 on Wednesday, reaching $28.15. 91,875 shares of the company’s stock traded hands, compared to its average volume of 116,733. The stock has a market cap of $26.76 billion, a PE ratio of 10.00, a P/E/G ratio of 5.21 and a beta of 1.06. Komatsu has a 12 month low of $24.05 and a 12 month high of $32.16. The stock has a 50-day simple moving average of $26.95 and a 200 day simple moving average of $27.85.

Komatsu Company Profile

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.