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

Sekisui House Ltd. (OTCMKTS:SKHSY) was the target of a large increase in short interest in 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 short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

Sekisui House Trading Down 0.6%

SKHSY stock opened at $21.90 on Tuesday. The company has a current ratio of 2.96, a quick ratio of 2.95 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $21.67 and its 200-day moving average is $21.69. Sekisui House has a 1-year low of $19.71 and a 1-year high of $25.61. The firm has a market cap of $14.27 billion, a P/E ratio of 8.69 and a beta of 0.37.

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

Sekisui House Company Profile

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.