Short Interest in Kajima Co. (OTCMKTS:KAJMY) Decreases By 30.4%

Kajima Co. (OTCMKTS:KAJMYGet Rating) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,600 shares, a decline of 30.4% from the March 15th total of 2,300 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 2.3 days.

OTCMKTS KAJMY traded up $0.05 on Tuesday, reaching $11.91. The stock had a trading volume of 401 shares, compared to its average volume of 1,200. Kajima has a 12-month low of $10.83 and a 12-month high of $14.87. The business’s 50-day moving average price is $12.85 and its 200 day moving average price is $12.36.

Separately, Morgan Stanley cut Kajima from an “overweight” rating to an “equal weight” rating in a research note on Friday, January 7th.

Kajima Company Profile (Get Rating)

Kajima Corporation engages in civil engineering, building construction, and real estate development and other businesses worldwide. It provides procurement and construction services comprising sale and lease of construction equipment and materials, and subcontracting for various construction projects; ground improvement, foundation construction, and soil remediation; paving of roads, bridges, airports, etc., as well as manufacture and sale of paving materials; ocean port and coastal protection work, and geological surveying; calculation and preparation of construction plans; environmental and consulting work focused on water and waste; construction machinery manufacturing; repair and reinforcement work for civil engineering structures, and sale of repair materials; and integrated facility construction, and renovation services.

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