Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Significant Increase in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 83,561 shares, a growth of 722.3% from the June 15th total of 10,162 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 326,718 shares, the short-interest ratio is currently 0.3 days.

Daiwa House Industry Stock Performance

Shares of OTCMKTS:DWAHY traded up $0.04 during trading hours on Friday, hitting $27.94. The stock had a trading volume of 73,169 shares, compared to its average volume of 87,730. The stock’s fifty day simple moving average is $27.80 and its 200 day simple moving average is $31.37. Daiwa House Industry has a 1-year low of $25.91 and a 1-year high of $38.72. The firm has a market capitalization of $18.43 billion, a price-to-earnings ratio of 7.49 and a beta of 0.30.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.