Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Expands By 37.7%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 33,235 shares, an increase of 37.7% from the February 26th total of 24,132 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 110,876 shares, the days-to-cover ratio is currently 0.3 days.

Daiwa Securities Group Trading Down 4.5%

OTCMKTS:DSEEY traded down $0.45 during trading hours on Monday, hitting $9.56. The company had a trading volume of 1,503 shares, compared to its average volume of 20,661. The company has a market capitalization of $13.52 billion, a PE ratio of 12.91 and a beta of 0.51. The stock has a 50-day moving average price of $9.91 and a 200 day moving average price of $8.91. Daiwa Securities Group has a 52 week low of $5.52 and a 52 week high of $11.24. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its earnings results on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%.

Daiwa Securities Group Company Profile

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.