Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Decreases By 68.3%

Key Points

• Daiwa House Industry Co., Ltd. experienced a significant drop in short interest, decreasing from 20,500 shares to 6,500 shares, a reduction of 68.3% as of July 31st.
• The company reported a quarterly earnings per share (EPS) of $0.84, exceeding the consensus estimate of $0.81, though revenue fell short of expectations at $8.76 billion.
• Daiwa's stock price reached $36.25, with a market cap of approximately $23.91 billion and a price-to-earnings ratio of 10.98.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 6,500 shares, adecreaseof68.3% from the July 15th total of 20,500 shares. Approximately0.0% of the shares of the company are sold short. Based on an average trading volume of 56,900 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 56,900 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the company are sold short.

Daiwa House Industry Stock Down 1.6%

DWAHY traded down $0.58 during midday trading on Thursday, hitting $36.07. 19,862 shares of the company traded hands, compared to its average volume of 23,329. The firm has a market capitalization of $23.79 billion, a PE ratio of 10.93 and a beta of 0.52. The company's 50-day moving average is $34.24 and its 200 day moving average is $34.10. Daiwa House Industry has a 52 week low of $27.95 and a 52 week high of $37.98.

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

About Daiwa House Industry

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.