Short Interest in Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Decreases By 67.6%

Key Points

• Short interest for Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) decreased by 67.6% in August, dropping from 17,000 shares to 5,500 shares as of August 15th.
• The current days-to-cover ratio stands at 0.2 days, reflecting an average daily volume of 23,600 shares.
• Daito Trust Construction's stock is currently trading at $26.92, with a 52-week range between $24.42 and $32.80.

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY - Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 15th, there was short interest totaling 5,500 shares, adecreaseof67.6% from the July 31st total of 17,000 shares. Based on an average daily volume of 23,600 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 23,600 shares, the days-to-cover ratio is presently 0.2 days.

Daito Trust Construction Stock Up 1.5%

Shares of DIFTY traded up $0.40 during trading hours on Friday, hitting $27.57. The stock had a trading volume of 11,569 shares, compared to its average volume of 13,505. The company's fifty day moving average is $26.86 and its two-hundred day moving average is $26.87. Daito Trust Construction has a 52 week low of $24.42 and a 52 week high of $32.80.

Daito Trust Construction Company Profile

Daito Trust Construction Co,Ltd. designs, constructs, and rents apartments and condominiums in Japan. It operates through three segments: Construction, Real Estate, and Finance. The company design and construct rental housing and other structure construction; ironwork and construction; building management and renovation, and whole building leasing; rental housing tenant guarantor services; advertising; and LP gas supply businesses.