Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Large Drop in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 23,000 shares, a decrease of 42.5% from the June 30th total of 40,000 shares. Based on an average daily trading volume, of 95,200 shares, the short-interest ratio is presently 0.2 days.

Daiwa House Industry Stock Performance

Shares of Daiwa House Industry stock traded up $0.15 during trading hours on Friday, hitting $27.17. The company’s stock had a trading volume of 23,813 shares, compared to its average volume of 55,772. The business has a 50 day moving average price of $26.10 and a two-hundred day moving average price of $28.04. The company has a market cap of $17.91 billion, a PE ratio of 8.63 and a beta of 0.54. Daiwa House Industry has a 12-month low of $24.12 and a 12-month high of $32.67.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its earnings results on Friday, May 10th. The company reported $1.04 EPS for the quarter. The company had revenue of $9.74 billion for the quarter.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.