Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Down 86.1% in May

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) saw a large drop in short interest in May. As of May 15th, there was short interest totalling 11,300 shares, a drop of 86.1% from the April 30th total of 81,200 shares. Based on an average trading volume of 790,600 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are short sold.

Daikin Industries,Ltd. Stock Up 0.9%

Shares of DKILY traded up $0.11 during mid-day trading on Friday, hitting $11.35. 1,028,011 shares of the company's stock were exchanged, compared to its average volume of 581,813. Daikin Industries,Ltd. has a 52 week low of $9.90 and a 52 week high of $15.36. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.90 and a quick ratio of 1.23. The company has a 50-day simple moving average of $11.14 and a 200 day simple moving average of $11.39. The company has a market cap of $33.27 billion, a PE ratio of 19.91, a P/E/G ratio of 2.03 and a beta of 1.05.

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.04). The firm had revenue of $8.09 billion during the quarter, compared to analyst estimates of $1,163.53 billion. Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. On average, research analysts forecast that Daikin Industries,Ltd. will post 0.56 earnings per share for the current fiscal year.

About Daikin Industries,Ltd.

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.