Short Interest in Kansai Paint Co., Ltd. (OTCMKTS:KSANF) Declines By 8.3%

Kansai Paint Co., Ltd. (OTCMKTS:KSANF) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 775,000 shares, a decline of 8.3% from the March 15th total of 844,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 7,750.0 days.

Kansai Paint Stock Performance

Shares of OTCMKTS:KSANF opened at $16.09 on Wednesday. Kansai Paint has a one year low of $15.70 and a one year high of $16.95. The company has a 50 day moving average of $16.11 and a 200-day moving average of $16.39.

Kansai Paint Company Profile

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.