Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Stock Short Interest Report for October

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 64,068 shares, an increase of 490.2% from the October 15th total of 10,855 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 64,592 shares, the days-to-cover ratio is presently 1.0 days.

Daiwa Securities Group Price Performance

Daiwa Securities Group stock opened at $10.99 on Wednesday. Daiwa Securities Group has a 12 month low of $7.78 and a 12 month high of $12.58. The stock’s 50 day moving average is $11.34 and its 200-day moving average is $10.47. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $15.55 billion, a price-to-earnings ratio of 12.42 and a beta of 0.59.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Friday, October 30th. The financial services provider reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $1.37 billion. Daiwa Securities Group had a return on equity of 9.31% and a net margin of 12.51%. Equities research analysts expect that Daiwa Securities Group will post 0.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research started coverage on shares of Daiwa Securities Group in a research report on Thursday, November 5th. They issued a “hold” rating for the company. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Daiwa Securities Group presently has a consensus rating of “Hold”.

About Daiwa Securities Group

Daiwa Securities Group Inc. is a Japan-based financial services holding company whose principal business is securities and investment services. Its offerings include brokerage and investment advice for individual and corporate clients, as well as services for institutional investors. The group’s businesses also include investment banking, such as securities underwriting and financial advisory services, along with asset management and investment activities. It serves clients in Japan and through operations in international markets.