Obayashi Co. (OTCMKTS:OBYCF) Sees Large Growth in Short Interest

Obayashi Co. (OTCMKTS:OBYCF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,120,000 shares, an increase of 29.3% from the November 30th total of 866,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 11,200.0 days.

Obayashi Price Performance

OBYCF opened at $13.20 on Tuesday. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 14.19 and a beta of 0.32. Obayashi has a 12-month low of $13.09 and a 12-month high of $14.00. The company has a current ratio of 1.20, a quick ratio of 1.16 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average price is $12.58 and its 200 day moving average price is $11.78.

Obayashi Company Profile

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.