Short Interest in Kansai Paint Co., Ltd. (OTCMKTS:KSANF) Decreases By 61.7%

Kansai Paint Co., Ltd. (OTCMKTS:KSANF) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 844,900 shares, a decline of 61.7% from the February 29th total of 2,208,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 8,449.0 days.

Kansai Paint Stock Performance

Shares of OTCMKTS KSANF remained flat at $16.09 during trading hours on Thursday. 16 shares of the company traded hands, compared to its average volume of 2,467. Kansai Paint has a fifty-two week low of $15.70 and a fifty-two week high of $16.95. The business’s 50 day moving average is $16.35 and its 200 day moving average is $16.46.

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; protective coatings; automotive refinish coatings; automotive coatings; and industrial coatings that are used in construction machinery, industrial vehicles, steel furniture, external building materials, electronics, and internal coatings and external designs of beverage cans.