Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Up 460.5% in June
by Kim Johansen · The Markets DailyDaiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 126,403 shares, a growth of 460.5% from the May 31st total of 22,553 shares. Based on an average trading volume of 132,775 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are short sold.
Daiwa Securities Group Stock Performance
OTCMKTS:DSEEY traded up $0.23 during mid-day trading on Friday, reaching $10.00. 32,021 shares of the company’s stock were exchanged, compared to its average volume of 61,648. Daiwa Securities Group has a one year low of $6.62 and a one year high of $11.24. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The business’s fifty day simple moving average is $9.64 and its two-hundred day simple moving average is $9.61. The firm has a market capitalization of $14.15 billion, a PE ratio of 12.05 and a beta of 0.49.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. Daiwa Securities Group had a net margin of 11.91% and a return on equity of 7.36%. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.40 billion.
About Daiwa Securities Group
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.