Short Interest in Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Decreases By 53.0%
by Teresa Graham · The Cerbat GemDaito Trust Construction Co., Ltd. (OTCMKTS:DIFTY – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 83,280 shares, a decline of 53.0% from the April 30th total of 177,299 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 178,854 shares, the days-to-cover ratio is currently 0.5 days.
Daito Trust Construction Stock Performance
Shares of OTCMKTS:DIFTY remained flat at $4.86 during midday trading on Tuesday. 228,579 shares of the company traded hands, compared to its average volume of 129,683. The firm has a fifty day moving average price of $5.61 and a two-hundred day moving average price of $5.31. Daito Trust Construction has a 1-year low of $4.48 and a 1-year high of $7.00. The firm has a market capitalization of $6.70 billion, a P/E ratio of 13.14 and a beta of 0.27.
Daito Trust Construction (OTCMKTS:DIFTY – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $0.11 EPS for the quarter. The firm had revenue of $3.45 billion for the quarter.
About Daito Trust Construction
Daito Trust Construction Co, Ltd. (OTCMKTS: DIFTY) is a Japan-based construction and real estate services firm specializing in the development and management of rental residential properties, commercial facilities and related infrastructure. The company provides end-to-end solutions that span site acquisition, architectural design, construction, leasing support and ongoing property administration. Leveraging a vertically integrated model, Daito Trust Construction aims to streamline project delivery and optimize operational efficiency for landlords and tenants alike.
In its core rental housing segment, the company offers a comprehensive suite of services, including property management, tenant recruitment, rent collection and routine facility maintenance.