Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) Sees Significant Growth in Short Interest

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

Shimizu Trading Up 4.3%

OTCMKTS SHMUY opened at $67.00 on Friday. The company has a market cap of $11.33 billion, a PE ratio of 10.32 and a beta of 0.04. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. Shimizu has a 12 month low of $58.43 and a 12 month high of $93.00. The stock has a 50 day moving average of $62.85 and a 200-day moving average of $71.08.

Shimizu (OTCMKTS:SHMUY) last released its earnings results on Thursday, July 30th. The company reported $1.58 earnings per share 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.