Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Update

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 significant drop in short interest in July. As of July 31st, there was short interest totaling 6,500 shares, adropof68.3% from the July 15th total of 20,500 shares. Currently,0.0% of the shares of the stock are sold short. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the shares of the stock are sold short.

Daiwa House Industry Stock Performance

DWAHY traded up $0.58 on Friday, reaching $36.25. The company had a trading volume of 11,761 shares, compared to its average volume of 23,621. The business has a 50 day simple moving average of $34.04 and a 200 day simple moving average of $33.96. The company has a market cap of $23.91 billion, a price-to-earnings ratio of 10.98 and a beta of 0.52. 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 quarterly earnings results on Wednesday, August 6th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.81 by $0.03. The business had revenue of $8.76 billion for 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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