Short Interest in Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Expands By 172.6%

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 36,655 shares, an increase of 172.6% from the August 15th total of 13,447 shares. Based on an average trading volume of 74,872 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Daito Trust Construction Trading Up 1.3%

OTCMKTS DIFTY opened at $5.49 on Tuesday. Daito Trust Construction has a one year low of $4.41 and a one year high of $7.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.74 and a current ratio of 2.74. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 10.98 and a beta of 0.27. The company’s 50-day simple moving average is $5.11 and its two-hundred day simple moving average is $5.30.

Daito Trust Construction (OTCMKTS:DIFTY) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.13 earnings per share for the quarter. The business had revenue of $3.01 billion during the quarter.

About Daito Trust Construction

Daito Trust Construction Co, Ltd. is a Japanese real estate and construction company that develops, builds and manages rental housing properties. Its business is centered on supporting landowners with property planning, financing coordination, construction and long-term asset management, particularly for apartments and other income-producing residential properties.

Through its group companies, Daito Trust Construction also provides rental property management, tenant leasing and real estate brokerage services.