Daikin Industries (OTCMKTS:DKILY) Short Interest Update

Key Points

• Daikin Industries experienced a significant increase in short interest of 248.6% in July, with a total of 306,400 shares sold short. This is notable as only 0.0% of the company's shares are currently sold short.
• The company reported $0.19 earnings per share for the quarter, surpassing the analyst consensus estimate of $0.16.
• Daikin's revenue for the quarter was $8.24 billion, which considerably exceeded analyst estimates of $1,253.30 billion.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 306,400 shares, anincreaseof248.6% from the July 15th total of 87,900 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily volume of 473,300 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 473,300 shares, the days-to-cover ratio is currently 0.6 days. Currently,0.0% of the company's shares are sold short.

Daikin Industries Trading Down 1.3%

DKILY stock opened at $13.40 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.85 and a debt-to-equity ratio of 0.19. The company has a market cap of $39.28 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 2.38 and a beta of 0.98. The business has a fifty day simple moving average of $12.19 and a 200-day simple moving average of $11.50. Daikin Industries has a 52 week low of $9.90 and a 52 week high of $14.51.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.03. Daikin Industries had a net margin of 6.02% and a return on equity of 9.66%. The business had revenue of $8.24 billion for the quarter, compared to analyst estimates of $1,253.30 billion. On average, equities research analysts expect that Daikin Industries will post 0.56 EPS for the current year.

Daikin Industries Company Profile

Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company's air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.

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