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

Key Points

• Sekisui House Ltd. experienced a notable increase in short interest, rising by 25.0% in August, with a total of 7,000 shares shorted by the end of the month.
• Nomura Securities upgraded Sekisui House to a "hold" rating, contributing to an overall average rating of "Hold" among analysts.
• The company reported quarterly earnings of $0.63 EPS, meeting analyst expectations, and revenue of $7.57 billion, exceeding consensus estimates.

Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,000 shares, a growth of 25.0% from the August 15th total of 5,600 shares. Based on an average trading volume of 281,100 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 281,100 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Nomura Securities upgraded Sekisui House to a "hold" rating in a research note on Friday, June 6th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold".

Sekisui House Trading Down 1.6%

Shares of SKHSY stock traded down $0.37 during mid-day trading on Monday, hitting $22.72. The company's stock had a trading volume of 21,843 shares, compared to its average volume of 67,017. The company's fifty day simple moving average is $22.56 and its 200-day simple moving average is $22.33. Sekisui House has a 52 week low of $20.20 and a 52 week high of $28.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.53 and a current ratio of 2.54. The company has a market cap of $15.06 billion, a PE ratio of 11.13 and a beta of 0.55.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last posted its quarterly earnings data on Wednesday, September 3rd. The construction company reported $0.63 earnings per share for the quarter, hitting the consensus estimate of $0.63. Sekisui House had a return on equity of 10.07% and a net margin of 4.67%.The firm had revenue of $7.57 billion during the quarter, compared to analyst estimates of $7.44 billion.

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.