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

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a large growth in short interest in June. As of June 30th, there was short interest totalling 20,400 shares, a growth of 88.9% from the June 15th total of 10,800 shares. Based on an average daily volume of 25,400 shares, the days-to-cover ratio is currently 0.8 days.

Daiwa Securities Group Stock Performance

Daiwa Securities Group stock traded up $0.24 during midday trading on Friday, hitting $8.06. The company’s stock had a trading volume of 25,651 shares, compared to its average volume of 6,604. Daiwa Securities Group has a 1-year low of $5.06 and a 1-year high of $8.49. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.14 and a quick ratio of 1.14. The company has a 50-day moving average price of $7.60 and a two-hundred day moving average price of $7.33. The company has a market cap of $12.65 billion, a price-to-earnings ratio of 13.90 and a beta of 0.63.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.18 earnings per share for the quarter. The business had revenue of $2.51 billion during the quarter. Daiwa Securities Group had a net margin of 9.51% and a return on equity of 6.63%.

Daiwa Securities Group Company Profile

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.