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

Sekisui House Ltd. (OTCMKTS:SKHSY) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 58,937 shares, a growth of 68.8% from the September 30th total of 34,906 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 115,639 shares, the days-to-cover ratio is currently 0.5 days.

Sekisui House Trading Down 0.7%

SKHSY opened at $22.08 on Wednesday. Sekisui House has a 1-year low of $19.71 and a 1-year high of $25.61. The company has a current ratio of 2.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.55. The company has a market cap of $14.39 billion, a P/E ratio of 9.26 and a beta of 0.41. The company has a fifty day moving average price of $21.57 and a two-hundred day moving average price of $21.90.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings data on Thursday, September 10th. The construction company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.08. The firm had revenue of $6.87 billion for the quarter, compared to analyst estimates of $6.85 billion. Sekisui House had a net margin of 6.15% and a return on equity of 11.16%.

About Sekisui House

Sekisui House, Ltd. is a Japanese housing and real estate company headquartered in Osaka, Japan. Founded in 1960, the company develops and builds detached houses, rental housing, condominiums and other residential properties, serving individual homebuyers, property owners and institutional customers.

Its business activities also include residential remodeling, property management, real estate brokerage and the development of urban communities and commercial facilities. Sekisui House provides a range of housing designs and related services, with an emphasis on quality, durability, environmental performance and long-term support for residents and property owners.

In addition to its operations in Japan, Sekisui House has expanded internationally through housing development and related real estate activities in markets including the United States, Australia and Singapore.