Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Drops By 94.4%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 3,384 shares, a drop of 94.4% from the December 15th total of 60,353 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,847 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 9,847 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Daiwa Securities Group Price Performance

DSEEY stock traded up $0.05 during midday trading on Monday, reaching $9.75. 1,835 shares of the company’s stock traded hands, compared to its average volume of 2,876. The company has a 50-day simple moving average of $8.59 and a two-hundred day simple moving average of $7.95. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52. Daiwa Securities Group has a 1-year low of $5.52 and a 1-year high of $9.75. The company has a market cap of $13.70 billion, a price-to-earnings ratio of 13.36 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Tuesday, November 4th. The financial services provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). The business had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.

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.