Sekisui House Ltd. (OTCMKTS:SKHSY) Short Interest Up 441.0% in July

Key Points

• In July, Sekisui House Ltd. experienced a significant increase in short interest, rising 441.0% to a total of 21,100 shares compared to 3,900 shares at the end of June.
• Despite the growth in short interest, Sekisui House's stock price increased by 2.7%, trading at $21.64, with a market capitalization of $14.35 billion.
• The company's latest quarterly earnings showed a loss in earnings per share of $0.33, falling short of analysts' expectations of $0.57, with revenues also below estimates at $6.25 billion.

Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 21,100 shares, agrowthof441.0% from the June 30th total of 3,900 shares. Based on an average daily volume of 78,100 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 78,100 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

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

Sekisui House Trading Up 1.8%

Shares of OTCMKTS:SKHSY traded up $0.40 during trading on Wednesday, reaching $22.34. The stock had a trading volume of 8,150 shares, compared to its average volume of 61,882. Sekisui House has a fifty-two week low of $20.20 and a fifty-two week high of $28.93. The business has a fifty day moving average price of $21.63 and a 200-day moving average price of $22.30. The stock has a market cap of $14.81 billion, a P/E ratio of 11.00 and a beta of 0.56. The company has a quick ratio of 2.37, a current ratio of 2.38 and a debt-to-equity ratio of 0.61.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last issued its quarterly earnings results on Thursday, June 5th. The construction company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.24). The business 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 9.88% and a net margin of 4.78%.

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.