Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Shares Shorted: Short Interest Down 80.1% in October

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 10,855 shares, a decrease of 80.1% from the September 30th total of 54,412 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 47,432 shares, the short-interest ratio is currently 0.2 days.

Daiwa Securities Group Price Performance

Shares of Daiwa Securities Group stock opened at $10.87 on Wednesday. The firm has a fifty day moving average price of $11.43 and a 200 day moving average price of $10.42. Daiwa Securities Group has a 1 year low of $7.44 and a 1 year high of $12.58.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $1.34 billion.

About Daiwa Securities Group

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.