Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Increases By 309.3%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 22,100 shares, a growth of 309.3% from the February 28th total of 5,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 10,400 shares, the short-interest ratio is presently 2.1 days.

Daiwa Securities Group Stock Performance

DSEEY traded up $0.03 during trading hours on Friday, hitting $7.17. The stock had a trading volume of 18,662 shares, compared to its average volume of 6,985. Daiwa Securities Group has a 1 year low of $5.87 and a 1 year high of $8.49. The company’s fifty day simple moving average is $6.97 and its 200 day simple moving average is $6.84. The stock has a market cap of $10.07 billion, a PE ratio of 9.43 and a beta of 0.52. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.74.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its earnings results on Friday, January 31st. The financial services provider reported $0.20 earnings per share for the quarter. Daiwa Securities Group had a net margin of 11.77% and a return on equity of 8.92%.

About Daiwa Securities Group

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.