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

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

Obayashi Price Performance

OTCMKTS:OBYCF remained flat at $13.00 during mid-day trading on Tuesday. The company has a market capitalization of $9.33 billion, a PE ratio of 11.50 and a beta of 0.31. The company has a current ratio of 1.20, a quick ratio of 1.16 and a debt-to-equity ratio of 0.23. Obayashi has a 12-month low of $13.00 and a 12-month high of $14.00. The firm has a 50 day moving average of $13.00 and a two-hundred day moving average of $12.55.

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

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.