Short Interest in Sekisui House Ltd. (OTCMKTS:SKHSY) Drops By 30.0%

Sekisui House Ltd. (OTCMKTS:SKHSY) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totaling 5,600 shares, adropof30.0% from the July 31st total of 8,000 shares. Based on an average daily volume of 76,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 76,200 shares, the days-to-cover ratio is currently 0.1 days.

Sekisui House Trading Up 4.3%

Shares of OTCMKTS:SKHSY opened at $23.25 on Monday. Sekisui House has a 12-month low of $20.20 and a 12-month high of $28.93. The business’s fifty day simple moving average is $22.23 and its 200-day simple moving average is $22.27. The company has a market capitalization of $15.42 billion, a PE ratio of 11.40 and a beta of 0.55. The company has a current ratio of 2.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.61.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings results on Wednesday, September 3rd. The construction company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. Sekisui House had a return on equity of 10.16% and a net margin of 4.67%.The business had revenue of $7.57 billion for the quarter, compared to the consensus estimate of $7.44 billion.

Wall Street Analyst Weigh In

Separately, Nomura Securities upgraded Sekisui House to a “hold” rating in a report on Friday, June 6th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Sekisui House Company Profile

Sekisui House, Ltd. designs, constructs, and contracts built-to-order detached houses in Japan and internationally. The company operates through Custom Detached Houses, Rental Housing, Architectural/Civil Engineering, Remodeling, Real Estate Management Fees, Houses For Sale, Condominiums, Urban Redevelopment, and Overseas segments.