Short Interest in Obayashi Co. (OTCMKTS:OBYCF) Increases By 29.3%

Obayashi Co. (OTCMKTS:OBYCF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,120,000 shares, a growth of 29.3% from the November 30th total of 866,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 11,200.0 days.

Obayashi Stock Performance

OBYCF remained flat at $13.20 during mid-day trading on Tuesday. Obayashi has a twelve month low of $13.09 and a twelve month high of $14.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.20 and a quick ratio of 1.16. The firm has a market capitalization of $9.47 billion, a P/E ratio of 14.19 and a beta of 0.32. The firm has a fifty day moving average price of $12.58 and a 200-day moving average price of $11.78.

About Obayashi

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.