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

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

Analyst Upgrades and Downgrades

Separately, Nomura Securities upgraded shares of Sekisui House to a "hold" rating in a report on Friday, June 6th.

Sekisui House Stock Down 1.3%

OTCMKTS SKHSY traded down $0.27 during mid-day trading on Friday, hitting $20.90. The company's stock had a trading volume of 58,732 shares, compared to its average volume of 62,732. The company's 50 day simple moving average is $22.47 and its 200 day simple moving average is $22.82. Sekisui House has a twelve month low of $20.03 and a twelve month high of $28.93. The company has a current ratio of 2.06, a quick ratio of 2.05 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $13.54 billion, a price-to-earnings ratio of 9.09 and a beta of 0.57.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 10.79% and a net margin of 5.94%.

About Sekisui House

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.