Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Up 47.5% in August

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 46,540 shares, a growth of 47.5% from the July 30th total of 31,544 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 60,989 shares, the days-to-cover ratio is currently 0.8 days.

Daiwa House Industry Price Performance

Shares of OTCMKTS:DWAHY opened at $29.14 on Tuesday. The business’s fifty day moving average price is $28.49 and its two-hundred day moving average price is $30.07. Daiwa House Industry has a fifty-two week low of $25.91 and a fifty-two week high of $38.72. The stock has a market capitalization of $19.22 billion, a price-to-earnings ratio of 7.83 and a beta of 0.29.

Daiwa House Industry Company Profile

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.