Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) Shares Shorted: Short Interest Up 1,708.8% in September

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,031 shares, an increase of 1,708.8% from the August 31st total of 57 shares. Based on an average daily volume of 2,447 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Shimizu Price Performance

Shares of OTCMKTS SHMUY remained flat at $64.25 during mid-day trading on Thursday. The firm’s 50-day simple moving average is $62.75 and its 200 day simple moving average is $71.30. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market cap of $10.87 billion, a P/E ratio of 9.90 and a beta of 0.04. Shimizu has a 12-month low of $58.43 and a 12-month high of $93.00.

Shimizu (OTCMKTS:SHMUY) last announced its earnings results on Thursday, July 30th. The company reported $1.58 EPS for the quarter. Shimizu had a net margin of 8.11% and a return on equity of 9.00%. The business had revenue of $3.03 billion during the quarter.

About Shimizu

Shimizu Corporation is a Japan-based construction and engineering company that provides building construction, civil engineering and related project management services. Its work spans commercial and residential buildings, offices, hospitals, schools, industrial facilities, transportation infrastructure, tunnels, bridges and other large-scale public and private projects.

The company also engages in urban development, real estate-related activities, engineering and environmental services, and infrastructure solutions.