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

Key Points

• Daiwa House Industry experienced a significant decrease in short interest, dropping by 50.1% in September to a total of 33,400 shares.
• The company's stock currently has a market capitalization of $22.97 billion and a P/E ratio of 10.55, with a stock price opening at $34.82.
• Daiwa House reported earnings per share of $0.84 for its last quarter, exceeding analysts' expectations of $0.81, although revenue slightly missed estimates at $8.76 billion.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 33,400 shares, a drop of 50.1% from the August 31st total of 66,900 shares. Based on an average trading volume of 26,300 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 26,300 shares, the days-to-cover ratio is presently 1.3 days.

Daiwa House Industry Stock Performance

Daiwa House Industry stock opened at $34.82 on Friday. The company's fifty day moving average price is $35.82 and its 200 day moving average price is $34.80. Daiwa House Industry has a 1 year low of $27.95 and a 1 year high of $38.72. The stock has a market capitalization of $22.97 billion, a P/E ratio of 10.55 and a beta of 0.44.

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