Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 33,235 shares, an increase of 37.7% from the February 26th total of 24,132 shares. Based on an average daily trading volume, of 110,876 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.
Daiwa Securities Group Price Performance
Shares of OTCMKTS DSEEY traded up $0.17 during trading on Friday, hitting $10.01. 4,306 shares of the company were exchanged, compared to its average volume of 53,933. The firm’s fifty day moving average price is $9.91 and its 200 day moving average price is $8.91. Daiwa Securities Group has a 1 year low of $5.52 and a 1 year high of $11.24. The company has a market cap of $14.16 billion, a price-to-earnings ratio of 13.53 and a beta of 0.51. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $1.70 billion.
About Daiwa Securities Group
Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.
The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.
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