Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Significant Decrease in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 50,500 shares, a decrease of 64.1% from the June 30th total of 140,626 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 49,696 shares, the days-to-cover ratio is currently 1.0 days.

Daiwa Securities Group Stock Performance

Shares of DSEEY stock traded down $0.11 during trading on Tuesday, reaching $11.28. The company had a trading volume of 12,245 shares, compared to its average volume of 28,705. The firm’s 50 day simple moving average is $10.27 and its two-hundred day simple moving average is $9.93. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. Daiwa Securities Group has a one year low of $6.84 and a one year high of $12.01. The company has a market capitalization of $15.96 billion, a PE ratio of 13.59 and a beta of 0.49.

Daiwa Securities Group (OTCMKTS:DSEEYGet Free Report) last announced its earnings results on Monday, April 27th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. Daiwa Securities Group had a return on equity of 7.36% and a net margin of 11.91%.The firm had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.40 billion.

Daiwa Securities Group Company Profile

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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.

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