Kansai Paint Co., Ltd. (OTCMKTS:KSANF) Sees Significant Drop in Short Interest

Kansai Paint Co., Ltd. (OTCMKTS:KSANF) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 908,700 shares, a decline of 15.3% from the February 28th total of 1,073,100 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1,514.5 days.

Kansai Paint Stock Performance

Shares of Kansai Paint stock opened at $14.65 on Tuesday. Kansai Paint has a fifty-two week low of $13.89 and a fifty-two week high of $14.65. The firm has a 50-day simple moving average of $16.29 and a two-hundred day simple moving average of $17.05.

About Kansai Paint

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; automotive refinish coatings for dents and scrapes; and industrial coatings that are used in agricultural machinery, special-purpose vehicles, exterior building materials, metal products, beverage cans, and precoated metals used in metallic building materials and home appliances.