Obayashi Co. (OTCMKTS:OBYCF) Short Interest Down 19.0% in March

Obayashi Co. (OTCMKTS:OBYCF - Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 378,200 shares, a decline 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 presently ∞ days. Approximately 0.1% of the shares of the company are sold short.

Obayashi Stock Performance

Shares of OBYCF remained flat at $13.00 during trading hours on Thursday. The business has a 50-day moving average of $13.00 and a 200 day moving average of $12.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.20 and a quick ratio of 1.16. The stock has a market capitalization of $9.33 billion, a PE ratio of 11.50 and a beta of 0.31. Obayashi has a 12-month low of $13.00 and a 12-month high of $14.00.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last released its quarterly 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.