Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Expands By 3,950.0%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 24,300 shares, an increase of 3,950.0% from the April 30th total of 600 shares. Based on an average daily volume of 47,000 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Daiwa House Industry Price Performance

Shares of OTCMKTS:DWAHY traded down $0.51 during midday trading on Friday, hitting $33.73. The company had a trading volume of 16,873 shares, compared to its average volume of 23,484. Daiwa House Industry has a twelve month low of $24.12 and a twelve month high of $37.98. The stock has a market cap of $22.24 billion, a price-to-earnings ratio of 10.01 and a beta of 0.53. The business's 50-day simple moving average is $34.71 and its 200-day simple moving average is $32.62.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $0.48 by $0.83. The company had revenue of $10.02 billion during the quarter, compared to analyst estimates of $9.71 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.