Sekisui House Ltd. (OTCMKTS:SKHSY) Short Interest Up 61.2% in March

Sekisui House Ltd. (OTCMKTS:SKHSY) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 85,648 shares, a growth of 61.2% from the February 26th total of 53,134 shares. Based on an average daily volume of 128,054 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

Sekisui House Price Performance

SKHSY opened at $21.85 on Friday. The firm has a market cap of $14.16 billion, a PE ratio of 9.18 and a beta of 0.42. The stock has a 50-day moving average price of $23.18 and a 200-day moving average price of $22.51. Sekisui House has a 1 year low of $20.20 and a 1 year high of $25.61. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.55 and a quick ratio of 2.55.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings data on Thursday, March 5th. The construction company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.08). The firm had revenue of $8.03 billion for the quarter, compared to analysts’ expectations of $8.51 billion. Sekisui House had a net margin of 5.51% and a return on equity of 11.12%.

Analysts Set New Price Targets

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a research note on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

About Sekisui House

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.