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

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

Daiwa Securities Group Price Performance

OTCMKTS:DSEEY opened at $11.80 on Friday. The business’s 50-day moving average price is $11.38 and its 200 day moving average price is $10.27. The firm has a market cap of $16.70 billion, a P/E ratio of 12.69 and a beta of 0.48. Daiwa Securities Group has a 52-week low of $7.37 and a 52-week high of $12.38. 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 (OTCMKTS:DSEEY) last issued its quarterly earnings results on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%. The firm had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $1.34 billion.

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.