Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Decreases By 77.1%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 9,066 shares, a decline of 77.1% from the February 26th total of 39,536 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 84,346 shares, the days-to-cover ratio is presently 0.1 days.

Daiwa House Industry Price Performance

Shares of OTCMKTS:DWAHY traded down $0.46 on Thursday, reaching $31.47. 26,927 shares of the company traded hands, compared to its average volume of 38,862. The stock has a market capitalization of $20.76 billion, a PE ratio of 9.34 and a beta of 0.35. The company’s 50 day moving average is $34.44 and its 200-day moving average is $34.44. Daiwa House Industry has a fifty-two week low of $26.24 and a fifty-two week high of $38.72.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its earnings results on Friday, February 13th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.42. The company had revenue of $9.17 billion during the quarter, compared to analyst estimates of $8.83 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.