Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Large Growth in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 60,832 shares, an increase of 377.6% from the November 30th total of 12,736 shares. Based on an average daily volume of 51,655 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 51,655 shares, the short-interest ratio is presently 1.2 days.

Daiwa Securities Group Price Performance

Shares of OTCMKTS DSEEY opened at $9.21 on Thursday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.10 and a quick ratio of 1.10. Daiwa Securities Group has a 1-year low of $5.52 and a 1-year high of $9.21. The company has a market capitalization of $12.94 billion, a price-to-earnings ratio of 12.62 and a beta of 0.51. The business has a 50-day moving average of $8.23 and a 200-day moving average of $7.75.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). The company had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.