Sekisui House Ltd. (OTCMKTS:SKHSY) Short Interest Update

Key Points

• Sekisui House Ltd. experienced a dramatic 62.1% drop in short interest during July, from 21,100 shares to just 8,000 shares.
• The company reported a miss on earnings with an EPS of $0.33 for the last quarter, falling short of the expected $0.57, while revenues also came in below expectations at $6.25 billion.
• Sekisui House's stock saw a 1.6% increase on the last trading day, closing at $23.29, alongside an overall market cap of $15.44 billion.

Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 8,000 shares, adropof62.1% from the July 15th total of 21,100 shares. Based on an average trading volume of 95,500 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the company's shares are sold short. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 95,500 shares, the days-to-cover ratio is currently 0.1 days.

Sekisui House Trading Up 1.6%

SKHSY stock traded up $0.37 on Friday, reaching $23.29. The company's stock had a trading volume of 24,170 shares, compared to its average volume of 45,962. The business has a fifty day simple moving average of $21.68 and a two-hundred day simple moving average of $22.27. Sekisui House has a 12-month low of $20.20 and a 12-month high of $28.93. The firm has a market cap of $15.44 billion, a PE ratio of 11.47 and a beta of 0.56. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.37 and a current ratio of 2.38.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last announced its quarterly earnings results on Thursday, June 5th. The construction company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.24). Sekisui House had a return on equity of 9.88% and a net margin of 4.78%. The business had revenue of $6.25 billion during the quarter, compared to analysts' expectations of $6.95 billion.

Analyst Upgrades and Downgrades

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

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.

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