Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Shares Shorted: Short Interest Down 40.5% in October

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 34,711 shares, a drop of 40.5% from the September 30th total of 58,290 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 247,402 shares, the days-to-cover ratio is currently 0.1 days.

Daiwa House Industry Stock Performance

Shares of DWAHY stock opened at $14.51 on Tuesday. Daiwa House Industry has a fifty-two week low of $12.75 and a fifty-two week high of $18.96. The firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of 7.80 and a beta of 0.35. The stock’s 50-day simple moving average is $24.01 and its 200-day simple moving average is $28.99.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a Japan-based company engaged in housing, construction, and real estate development. Founded in 1955, the company initially focused on prefabricated housing and has expanded into a broad range of residential, commercial, and infrastructure-related activities.

Its businesses include the design and construction of single-family homes, rental housing, condominiums, commercial facilities, logistics centers, factories, offices, and hotels. Daiwa House also provides property management, housing and building maintenance, remodeling, and real estate development services.

Headquartered in Osaka, Japan, Daiwa House serves customers throughout Japan and has developed an international presence through residential, commercial, logistics, and real estate operations in selected overseas markets, including the United States, Australia, and parts of Asia.