Short Interest in Kubota Co. (OTCMKTS:KUBTY) Drops By 50.0%

Kubota Co. (OTCMKTS:KUBTY) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a drop of 50.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 121,100 shares, the days-to-cover ratio is currently 0.0 days.

Kubota Price Performance

Shares of OTCMKTS KUBTY traded up $1.17 during trading on Thursday, hitting $63.92. The company had a trading volume of 19,668 shares, compared to its average volume of 62,161. The stock has a fifty day simple moving average of $66.80 and a two-hundred day simple moving average of $69.30. Kubota has a fifty-two week low of $59.39 and a fifty-two week high of $85.00. The firm has a market capitalization of $15.05 billion, a price-to-earnings ratio of 8.87, a price-to-earnings-growth ratio of 4.23 and a beta of 0.97. The company has a quick ratio of 1.31, a current ratio of 1.73 and a debt-to-equity ratio of 0.52.

About Kubota

Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.