Sekisui House Ltd. (OTCMKTS:SKHSY) Short Interest Update

Sekisui House Ltd. (OTCMKTS:SKHSY) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 85,648 shares, an increase of 61.2% from the February 26th total of 53,134 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 128,054 shares, the days-to-cover ratio is currently 0.7 days.

Sekisui House Stock Performance

OTCMKTS:SKHSY opened at $22.00 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.55 and a current ratio of 2.55. The stock has a market capitalization of $14.26 billion, a PE ratio of 9.24 and a beta of 0.42. Sekisui House has a fifty-two week low of $20.20 and a fifty-two week high of $25.61. The company has a fifty day moving average of $23.20 and a two-hundred day moving average of $22.53.

Sekisui House (OTCMKTS:SKHSY) last announced its earnings results on Thursday, March 5th. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.08). The company had revenue of $8.03 billion during the quarter, compared to analyst estimates of $8.51 billion. Sekisui House had a net margin of 5.51% and a return on equity of 11.12%.

Wall Street Analysts Forecast Growth

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

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.