Sekisui House Ltd. (OTCMKTS:SKHSY) Short Interest Up 169.5% in August

Sekisui House Ltd. (OTCMKTS:SKHSY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 50,144 shares, an increase of 169.5% from the August 15th total of 18,605 shares. Based on an average trading volume of 43,596 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the company’s shares are sold short.

Sekisui House Stock Performance

OTCMKTS:SKHSY opened at $22.03 on Friday. Sekisui House has a fifty-two week low of $19.71 and a fifty-two week high of $25.61. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.95 and a current ratio of 2.96. The company has a 50 day moving average price of $21.66 and a 200 day moving average price of $21.73. The stock has a market capitalization of $14.35 billion, a P/E ratio of 8.74 and a beta of 0.37.

Sekisui House (OTCMKTS:SKHSY) last announced its earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. Sekisui House had a return on equity of 11.24% and a net margin of 6.15%.The company had revenue of $6.87 billion for the quarter, compared to analyst estimates of $6.85 billion.

About Sekisui House

Sekisui House Ltd. is a Japan-based homebuilding and property development company. It designs, constructs and sells detached houses, rental housing and condominiums, while also developing commercial facilities, office buildings and other urban properties. The company provides related services including property management, remodeling, landscaping and housing-related consulting.

Founded in 1960, Sekisui House has grown from a Japanese housebuilder into an integrated residential and real estate company.