Short Interest in Kajima Co. (OTCMKTS:KAJMY) Rises By 543.9%

Kajima Co. (OTCMKTS:KAJMY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,159 shares, a growth of 543.9% from the June 15th total of 180 shares. Based on an average trading volume of 5,318 shares, the days-to-cover ratio is presently 0.2 days.

Kajima Stock Performance

Shares of OTCMKTS:KAJMY traded up $1.16 during midday trading on Friday, reaching $36.98. 982 shares of the company traded hands, compared to its average volume of 2,795. Kajima has a 12 month low of $22.28 and a 12 month high of $52.13. The firm’s fifty day moving average price is $36.50 and its two-hundred day moving average price is $39.39.

Kajima (OTCMKTS:KAJMY) last issued its earnings results on Wednesday, May 20th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. The company had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.74 billion.

Kajima Company Profile

Kajima Corporation, trading in the United States as OTCMKTS:KAJMY, is one of Japan’s leading general contractors and civil engineering firms. Headquartered in Chiyoda-ku, Tokyo, the company offers a full suite of construction services encompassing large-scale commercial and residential building projects, infrastructure development, and industrial facilities. With a reputation for technical expertise and quality workmanship, Kajima serves both public- and private-sector clients across a broad spectrum of markets.

The company’s core business activities include building construction, civil engineering, real estate development and leasing, as well as environmental and energy solutions.