Dai Nippon Printing Co. (OTCMKTS:DNPLY) Short Interest Down 99.9% in April

Key Points

• Short interest down 99.9% — short interest fell to 1 share as of April 15 (from 1,102 on March 31), representing about 0.0% of shares short and a days-to-cover ratio of 0.0.
• Goldman Sachs upgraded Dai Nippon Printing to a Hold, and MarketBeat shows the stock's average analyst rating as Hold.
• The stock traded at $9.30 (+0.9%) with volume of 51,363 versus an average of 5,638; the company has a market cap of $8.17B, a P/E of 14.76, and posted quarterly EPS of $0.19 on $2.53B in revenue.

Dai Nippon Printing Co. (OTCMKTS:DNPLY - Get Free Report) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 1 shares, a drop of 99.9% from the March 31st total of 1,102 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 14,572 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Dai Nippon Printing to a "hold" rating in a research report on Monday, March 2nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Dai Nippon Printing currently has an average rating of "Hold".

Dai Nippon Printing Trading Up 0.9%

OTCMKTS DNPLY traded up $0.08 on Friday, reaching $9.30. The company had a trading volume of 51,363 shares, compared to its average volume of 5,638. Dai Nippon Printing has a 52 week low of $6.66 and a 52 week high of $10.66. The stock's 50 day moving average is $9.52 and its 200-day moving average is $8.98. The company has a quick ratio of 1.77, a current ratio of 2.23 and a debt-to-equity ratio of 0.18. The stock has a market cap of $8.17 billion, a price-to-earnings ratio of 14.76 and a beta of 0.54.

Dai Nippon Printing (OTCMKTS:DNPLY - Get Free Report) last issued its earnings results on Friday, February 13th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $2.53 billion for the quarter. Dai Nippon Printing had a return on equity of 8.99% and a net margin of 5.39%.

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. OTCMKTS: DNPLY, commonly known as DNP, is one of Japan’s largest comprehensive printing companies. Established in 1876 and headquartered in Tokyo, the company has built a legacy in traditional and digital printing, offering a broad spectrum of paper-based and value-added services. Over its long history, DNP has evolved from newspaper and book printing to becoming a diversified provider of information, communication and functional materials.

DNP’s business is organized into several key segments.

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