Short Interest in Sekisui House, Ltd. (OTCMKTS:SKHSY) Drops By 75.0%

Sekisui House, Ltd. (OTCMKTS:SKHSY - Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 6,900 shares, a drop of 75.0% from the May 15th total of 27,600 shares. Based on an average daily volume of 122,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Analyst Upgrades and Downgrades

Separately, Nomura Securities upgraded Sekisui House to a "hold" rating in a research note on Friday, June 6th.

Sekisui House Stock Up 0.3%

Shares of OTCMKTS SKHSY traded up $0.06 during trading on Thursday, reaching $21.17. The company had a trading volume of 92,786 shares, compared to its average volume of 62,769. Sekisui House has a 12-month low of $20.03 and a 12-month high of $28.93. The company has a quick ratio of 2.05, a current ratio of 2.06 and a debt-to-equity ratio of 0.49. The business's 50-day moving average is $22.47 and its 200 day moving average is $22.84. The stock has a market cap of $13.72 billion, a PE ratio of 9.20 and a beta of 0.57.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The construction company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.24). The firm had revenue of $6.25 billion for the quarter, compared to analysts' expectations of $6.95 billion. Sekisui House had a net margin of 5.94% and a return on equity of 10.79%.

Sekisui House Company Profile

Sekisui House, Ltd. designs, constructs, and contracts built-to-order detached houses in Japan and internationally. The company operates through Custom Detached Houses, Rental Housing, Architectural/Civil Engineering, Remodeling, Real Estate Management Fees, Houses For Sale, Condominiums, Urban Redevelopment, and Overseas segments.