Short Interest in Obayashi Co. (OTCMKTS:OBYCF) Decreases By 19.0%

Obayashi Co. (OTCMKTS:OBYCF) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 378,200 shares, a drop of 19.0% from the February 28th total of 467,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.1% of the shares of the stock are short sold.

Obayashi Stock Performance

OBYCF stock opened at $13.00 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.20 and a quick ratio of 1.16. Obayashi has a 1-year low of $13.00 and a 1-year high of $14.00. The business has a 50 day simple moving average of $13.00 and a two-hundred day simple moving average of $12.54. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 11.50 and a beta of 0.31.

Obayashi (OTCMKTS:OBYCF) last issued its earnings results on Monday, February 10th. The company reported $0.34 earnings per share for the quarter. Obayashi had a net margin of 4.91% and a return on equity of 7.12%.

About Obayashi

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.