Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Increases By 50.7%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 76,097 shares, an increase of 50.7% from the July 15th total of 50,500 shares. Based on an average daily trading volume, of 41,870 shares, the short-interest ratio is currently 1.8 days. Currently, 0.0% of the shares of the company are sold short.

Daiwa Securities Group Stock Performance

DSEEY opened at $10.99 on Wednesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The business has a fifty day simple moving average of $10.84 and a 200 day simple moving average of $10.12. Daiwa Securities Group has a 1 year low of $7.37 and a 1 year high of $12.01. The company has a market capitalization of $15.55 billion, a PE ratio of 11.82 and a beta of 0.49.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Daiwa Securities Group had a return on equity of 8.46% and a net margin of 12.72%.

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.