Obayashi Co. (OTCMKTS:OBYCF) Short Interest Down 29.3% in May

Obayashi Co. (OTCMKTS:OBYCF - Get Free Report) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 643,800 shares, a decrease of 29.3% from the May 15th total of 910,000 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is currently 131.4 days.

Obayashi Price Performance

OTCMKTS:OBYCF opened at $15.40 on Tuesday. The stock has a 50 day moving average of $14.74 and a two-hundred day moving average of $13.71. Obayashi has a 12 month low of $14.95 and a 12 month high of $16.15. The firm has a market cap of $11.11 billion, a P/E ratio of 13.63 and a beta of 0.36. The company has a current ratio of 1.20, a quick ratio of 1.16 and a debt-to-equity ratio of 0.23.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.16). The firm had revenue of $4.93 billion for the quarter, compared to analysts' expectations of $3.87 billion. Obayashi had a return on equity of 7.12% and a net margin of 4.91%.

About Obayashi

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.

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