Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Up 543.3% in August

Key Points

• Daiwa House Industry Co., Ltd. experienced a significant increase in short interest of 543.3%, rising from 10,400 shares to 66,900 shares in August.
• The company's stock traded up 0.1% to $37.18, with an average trading volume of 22,636 shares.
• Daiwa House reported an earnings per share (EPS) of $0.84, surpassing analyst estimates by $0.03 despite revenue falling short of expectations.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 66,900 shares, an increase of 543.3% from the August 15th total of 10,400 shares. Based on an average trading volume of 28,000 shares, the short-interest ratio is presently 2.4 days. Currently, 0.0% of the company's shares are short sold. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 28,000 shares, the short-interest ratio is presently 2.4 days.

Daiwa House Industry Trading Up 0.1%

DWAHY stock traded up $0.04 during trading on Thursday, reaching $37.18. 7,818 shares of the stock were exchanged, compared to its average volume of 22,636. The business has a 50 day moving average price of $34.87 and a 200-day moving average price of $34.46. Daiwa House Industry has a 1 year low of $27.95 and a 1 year high of $38.72. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 11.27 and a beta of 0.44.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.03. The business had revenue of $8.76 billion during the quarter, compared to analysts' expectations of $8.93 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.

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