Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Short Interest Down 47.6% in August

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 13,447 shares, a decrease of 47.6% from the July 30th total of 25,665 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 86,781 shares, the days-to-cover ratio is currently 0.2 days.

Daito Trust Construction Stock Performance

DIFTY remained flat at $5.16 on Friday. The company’s stock had a trading volume of 45,864 shares, compared to its average volume of 131,871. The company has a 50-day simple moving average of $4.99 and a two-hundred day simple moving average of $5.33. Daito Trust Construction has a 52 week low of $4.41 and a 52 week high of $7.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.74 and a quick ratio of 3.76. The stock has a market cap of $7.11 billion, a PE ratio of 10.32 and a beta of 0.26.

Daito Trust Construction (OTCMKTS:DIFTY) last released its quarterly earnings results on Friday, July 31st. The company reported $0.13 EPS for the quarter. The firm had revenue of $3.01 billion for the quarter.

About Daito Trust Construction

Daito Trust Construction Co, Ltd. (OTCMKTS: DIFTY) is a Japan-based construction and real estate services firm specializing in the development and management of rental residential properties, commercial facilities and related infrastructure. The company provides end-to-end solutions that span site acquisition, architectural design, construction, leasing support and ongoing property administration. Leveraging a vertically integrated model, Daito Trust Construction aims to streamline project delivery and optimize operational efficiency for landlords and tenants alike.

In its core rental housing segment, the company offers a comprehensive suite of services, including property management, tenant recruitment, rent collection and routine facility maintenance.