Sekisui House Ltd. (OTCMKTS:SKHSY) Short Interest Down 55.3% in May

Sekisui House Ltd. (OTCMKTS:SKHSY) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,852 shares, a drop of 55.3% from the April 30th total of 6,382 shares. Based on an average trading volume of 541,158 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Sekisui House Stock Down 0.8%

Shares of Sekisui House stock traded down $0.17 during trading on Friday, reaching $20.96. The company’s stock had a trading volume of 127,738 shares, compared to its average volume of 192,578. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.59. The company has a market cap of $13.65 billion, a price-to-earnings ratio of 8.81 and a beta of 0.38. Sekisui House has a 1-year low of $20.17 and a 1-year high of $25.61. The company has a 50-day simple moving average of $21.87 and a two-hundred day simple moving average of $22.40.

Sekisui House (OTCMKTS:SKHSY) last posted its quarterly earnings data on Thursday, March 5th. The construction company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). The business had revenue of $8.03 billion during the quarter, compared to analyst estimates of $8.51 billion. Sekisui House had a return on equity of 10.82% and a net margin of 5.51%.

About Sekisui House

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.