Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Grows By 722.3%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 83,561 shares, a growth of 722.3% from the June 15th total of 10,162 shares. Based on an average daily volume of 326,718 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Daiwa House Industry Price Performance

Shares of OTCMKTS:DWAHY traded up $0.04 during trading hours on Friday, hitting $27.94. 73,169 shares of the company’s stock traded hands, compared to its average volume of 87,730. Daiwa House Industry has a 1 year low of $25.91 and a 1 year high of $38.72. The business has a fifty day moving average price of $27.80 and a 200-day moving average price of $31.37. The firm has a market capitalization of $18.43 billion, a P/E ratio of 7.49 and a beta of 0.30.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.