Taisei Co. (OTCMKTS:TISCY) Sees Significant Growth in Short Interest

Taisei Co. (OTCMKTS:TISCY – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,173 shares, an increase of 178.0% from the September 15th total of 422 shares. Based on an average trading volume of 1,430 shares, the short-interest ratio is presently 0.8 days.

Taisei Trading Down 5.6%

Shares of Taisei stock opened at $18.38 on Wednesday. The company’s 50-day moving average price is $19.51 and its two-hundred day moving average price is $21.82. Taisei has a 52 week low of $17.13 and a 52 week high of $33.00.

Taisei Company Profile

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Taisei Corporation is a Japan-based general contractor that provides construction and engineering services for buildings, transportation infrastructure and other large-scale projects. Its building activities include offices, commercial properties, residential developments, hospitals, hotels, factories and public facilities.

The company also performs civil engineering work, including the construction of roads, bridges, tunnels, railways, airports, dams and other infrastructure. In addition, Taisei is involved in urban development, real estate-related projects, environmental engineering and services connected with energy-efficient and sustainable construction.

Taisei traces its origins to 1873 and is one of Japan’s long-established major construction companies.

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