Short Interest in Taisei Co. (OTCMKTS:TISCF) Declines By 45.0%

Taisei Co. (OTCMKTS:TISCFGet Free Report) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 486,378 shares, a decrease of 45.0% from the July 30th total of 884,507 shares. Based on an average daily volume of 1,820 shares, the days-to-cover ratio is currently 267.2 days.

Taisei Stock Performance

Shares of Taisei stock opened at $121.60 on Friday. Taisei has a twelve month low of $86.14 and a twelve month high of $128.05. The company’s 50 day moving average is $121.60 and its 200 day moving average is $122.04.

About Taisei

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Taisei Corporation (OTCMKTS:TISCF) is a Tokyo-based global general contractor specializing in civil engineering and building construction. The company’s core services encompass project planning and design, engineering, procurement, construction and maintenance across a diverse range of sectors, including infrastructure, commercial and residential developments, industrial facilities and environmental projects. Taisei’s expertise covers the construction of bridges, tunnels, highways, airports, railway systems, high-rise buildings and water treatment plants, delivering end-to-end solutions for both public and private clients.

Established in the late 19th century, Taisei has grown into one of Japan’s “Big Five” construction firms.

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