Obayashi Co. (OTCMKTS:OBYCF) Sees Significant Growth in Short Interest

Obayashi Co. (OTCMKTS:OBYCF - Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 824,700 shares, a growth of 85.6% from the March 31st total of 444,400 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 2,061.8 days. Approximately 0.1% of the shares of the stock are short sold.

Obayashi Stock Performance

Shares of OBYCF remained flat at $15.33 during midday trading on Friday. Obayashi has a 52-week low of $13.00 and a 52-week high of $15.33. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.20 and a quick ratio of 1.16. The stock's 50-day moving average price is $13.25 and its 200-day moving average price is $12.89. The company has a market cap of $11.06 billion, a PE ratio of 13.56 and a beta of 0.26.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.34 earnings per share for the quarter. Obayashi had a return on equity of 7.12% and a net margin of 4.91%.

Obayashi Company Profile

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.