Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Down 64.1% in July

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 50,500 shares, a decrease of 64.1% from the June 30th total of 140,626 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 49,696 shares, the days-to-cover ratio is currently 1.0 days.

Daiwa Securities Group Stock Performance

Shares of OTCMKTS DSEEY opened at $11.41 on Monday. The company has a market cap of $16.14 billion, a price-to-earnings ratio of 13.75 and a beta of 0.49. Daiwa Securities Group has a 12-month low of $6.82 and a 12-month high of $12.01. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.44. The stock’s 50 day simple moving average is $10.23 and its 200 day simple moving average is $9.92.

Daiwa Securities Group (OTCMKTS:DSEEY) last released 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 return on equity of 7.36% and a net margin of 11.91%.The business had revenue of $2.46 billion during the quarter, compared to analyst estimates 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.