Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Update

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 16,705 shares, a decrease of 83.9% from the August 15th total of 103,625 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 28,008 shares, the days-to-cover ratio is presently 0.6 days.

Daiwa Securities Group Stock Performance

Shares of DSEEY opened at $11.80 on Friday. The firm has a 50-day moving average price of $11.38 and a 200 day moving average price of $10.27. The firm has a market capitalization of $16.70 billion, a PE ratio of 12.69 and a beta of 0.48. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.48. Daiwa Securities Group has a 52-week low of $7.37 and a 52-week high of $12.38.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its earnings results on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, beating 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 net margin of 12.72% and a return on equity of 8.39%.

About Daiwa Securities Group

Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.

Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.