Sekisui House, Ltd. (OTCMKTS:SKHSY) Sees Large Decline in Short Interest

Sekisui House, Ltd. (OTCMKTS:SKHSY) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 6,900 shares, a decline of 75.0% from the May 15th total of 27,600 shares. Based on an average trading volume of 122,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Sekisui House Trading Up 0.3%

OTCMKTS:SKHSY opened at $21.17 on Friday. Sekisui House has a one year low of $20.03 and a one year high of $28.93. The company has a market cap of $13.72 billion, a PE ratio of 9.20 and a beta of 0.57. The firm has a 50-day moving average of $22.47 and a 200-day moving average of $22.84. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.06 and a quick ratio of 2.05.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings results on Thursday, June 5th. The construction company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.24). Sekisui House had a return on equity of 10.79% and a net margin of 5.94%. The firm had revenue of $6.25 billion for the quarter, compared to analysts’ expectations of $6.95 billion.

Analyst Upgrades and Downgrades

Separately, Nomura Securities raised shares of Sekisui House to a “hold” rating in a research report on Friday, June 6th.

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.