Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Stock Short Interest Drops 80.1%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 10,855 shares, a decrease of 80.1% from the September 30th total of 54,412 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 47,432 shares, the days-to-cover ratio is presently 0.2 days.

Daiwa Securities Group Stock Down 0.8%

Shares of Daiwa Securities Group stock opened at $10.87 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.48. The company’s fifty day simple moving average is $11.44 and its two-hundred day simple moving average is $10.41. The company has a market cap of $15.37 billion, a P/E ratio of 11.68 and a beta of 0.52. Daiwa Securities Group has a 12-month low of $7.44 and a 12-month high of $12.58.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings results on Monday, August 3rd. The financial services provider reported $0.25 earnings per share (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 company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $1.34 billion.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.